ECB: Euro banks to get 20 billion euro capital relief from macro regulators - British Herald
October 5, 2022
Finance

ECB: Euro banks to get 20 billion euro capital relief from macro regulators

FRANKFURT (Finance) – Euro banks shall get capital relief worth 20 billion euros (17.37 billion pounds) as a result of easing of the bloc’s macroprudential requirements by national supervisors, according to the European Central Bank. The moves have been welcomed.

“The measures announced by national macroprudential authorities since 11 March 2020 will free up more than 20 billion euros of Common Equity Tier 1 capital held by euro area banks.”

– European Central Bank

(Photos syndicated via Reuters)
This story has been edited by BH staff and is published from a syndicated field.

Follow Me:

Related Posts