LONDON, Dec 13 (Reuters) - The Bank of England does not
intend to change its stance on banks paying dividends to
shareholders because of the risks posed by Omicron variant of
the coronavirus, a top official at the central bank said on
Monday.
Deputy Governor Sam Woods told reporters that banks would
probably have to hold back on dividend payments in some of the
worst-case scenarios spelled out in its annual health check of
the banking sector.
"But for the moment, it's BAU (business as usual) on
dividends," he said.
(Reporting by David Milliken
Writing by William Schomberg
Editing by Huw Jones)