BRIEF-RBNZ lifts dividend restrictions on banks amid policy normalisation

Reserve Bank of New Zealand: * RBNZ - NORMALISING PROCESS FOR BANKS SETTING DIVIDEND PAYMENTS, BY REMOVING RESTRICTIONS PLACED ON COUNTRY’S REGISTERED TRADING BANKS AT HEIGHT OF PANDEMIC

* RBNZ - REMOVAL OF RESTRICTIONS WILL TAKE EFFECT FROM 1 JULY 2022 * RBNZ - REMOVAL OF RESTRICTIONS WILL TAKE EFFECT FROM 1 JULY 2022

* RBNZ - REGULAR SUITE OF PRUDENTIAL SETTINGS, INCLUDING CAPITAL, LIQUIDITY & OTHER MEASURES REMAIN IN PLACE TO SUPPORT FINANCIAL STABILITY Source text for Eikon: Further company coverage: