for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

ECB's De Cos sees scope for further banking consolidation in Spain and Europe

MADRID (Reuters) - European Central Bank policymaker Pablo Hernandez de Cos on Thursday said he believed there was scope for further banking consolidation in Spain and other European countries in order to improve the sector’s efficiency.

De Cos also said that the ECB would analyze in the next few months whether to extend a recommendation for banks no to pay dividends.

Reporting by Emma Pinedo and Jesús Aguado; editing by Ingrid Melander

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up