Officials eye dividend standardization for federal banks
The government wants to establish a unified permanent dividend policy for state-owned banks Banco do Brasil, Caixa Econômica Federal, Brazilian Development Bank (BNDES), Amazon Bank (Basa) and Bank of the Northeast (BNB), Treasury Secretary Mansueto Almeida said on Thursday. The change will make dividend flows to federal coffers more predictable. Mr. Almeida said the proposal is still being draft...
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