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The European Central Bank called on the Italian group Inta Sanpaolo to adopt a cautious dividend policy when approving the purchase of the bank Monte dei Paschi di Siena for 34.5 billion euros, reports Reuters. The regulator recommended maintaining adequate capital reserves due to the risks of the transaction and required a detailed integration plan to be submitted within six months of the closing of the transaction.

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The European Central Bank called on the Italian group Inta Sanpaolo to adopt a cautious dividend policy when approving the purchase of the bank Monte dei Paschi di Siena for 34.5 billion euros, reports Reuters. The regulator recommended maintaining adequate capital reserves due to the risks of the transaction and required a detailed integration plan to be submitted within six months of the closing of the transaction.

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