ECB Sees Bank Payout Plans as 'Sustainable': Enria

The transcript discusses recent large dividend payouts and share buybacks by European banks, examining whether these actions will meet with ECB approval. Supervisors have reviewed the banks' distribution plans, ensuring they remain sustainable under both baseline and adverse scenarios. Most banks have been found to have sustainable plans, with some opting to spread buybacks over time to adapt to macroeconomic changes. Overall, the distribution plans are deemed sustainable.

What did the supervisors find regarding the sustainability of banks' distribution plans?

What approach did some banks take regarding their sizable distributions?