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Erste Group postpones Annual General Meeting and reviews proposed dividend | boerse-social.com


Our protest yesterday against the profit distributions from big banks in times of the Corona crisis is having an initial effect: Erste Bank is "reviewing" its dividend proposal for the time being.

But the Oberbank and Raiffeisen Bank International even confirmed a few days ago that they want to continue to distribute profits to shareholders:

Oberbank: around € 40.000.000
Raiffeisen: around € 375.000.000

No bank may now distribute profits so that the banks can compensate for credit losses to people and businesses. The general interest is more important than the profit interests of the shareholders!

Erste Group postpones Annual General Meeting and reviews proposed dividend | boerse-social.com

Erste Group postpones annual general meeting and examines dividend proposal. Its dividend is also being evaluated. "The Board of Management of Bank AG today decided on May 13, 2020 in Vienna that the scheduled regular due to existing administrative restrictions on meetings should be delayed.

Which

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