March 25, 2020 / 2:16 PM / 4 months ago

BRIEF-SNB's Jordan says banks should use financial support to help the economy

March 25 (Reuters) -

* SWISS NATIONAL BANK CHAIRMAN JORDAN SAYS IS CONVINCED BANKS WILL USE FINANCIAL SUPPORT TO HELP THE ECONOMY, NOT FOR DIVIDENDS OR SHARE BUYBACKS

* FINMA'S BRANSON SAYS WELCOMES BANKS' DECISION TO HALT SHARE BUYBACK PROGRAMMES, ALSO RECOMMENDS TO DELAY DIVIDEND PAYMENTS

* SWISS FINANCE MINISTER SAYS IF SITUATION DOESN'T IMPROVE, WE'LL HAVE TO KEEP MEASURES IN PLACE AS LONG AS NEEDED

* SWISS FINANCE MINISTER SAYS BANKS ARE NOT GOING TO EARN MONEY WITH THESE EMERGENCY LOANS, RATHER THE OPPOSITE

* FINMA'S BRANSON SAYS REAL ESTATE MARKET WILL COOL DOWN Source text for Eikon: Further company coverage: [ ] (Reporting by Silke Koltrowitz)

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