Kati Pohjanpalo, Bloomberg News A Finnish national flag flies from the City Hall building in Helsinki, Finland, on Thursday, Feb. 6, 2020. Finnish household debt has doubled in the past two decades against a backdrop of falling interest rates and the gradual obsolescence of cash as a form of payment. , Bloomberg
(Bloomberg) A small Finnish bank is explicitly disregarding European regulatory guidelines on dividends with the justification that ignoring its shareholders would be more risky in the long run.
Alandsbanken Abp said on Friday that it is âchoosing not to followâ the recommendations of the Finnish Financial Supervisory Authority and, by extension, the European Central Bank.