ECB raises capital demands for 20 banks over bad loans

Capt. John

The European Central Bank said on Tuesday it had raised capital requirements for 20 banks after judging they had not set aside enough cash to cover for loans that had gone unpaid, a key concern for supervisors after borrowing costs rose sharply. The move was part of the ECB’s push, set to continue...

https://www.hellenicshippingnews.com/ecb-raises-capital-demands-for-20-banks-over-bad-loans/

Leave a Comment