ECB says to lift ban on dividends, share buybacks for banks as soon as situation becomes clearer

Comments by ECB supervisory chair, Andrea Enria
– The worsening of bad loans problems is inevitable
– But difficult to say to what extent at this stage
– ECB launching vulnerability tests on banks through different crisis scenarios
Back in March, the ECB ordered banks to freeze dividends and share buybacks to try and stop a credit crunch in