View full page at forexfactory.com

 

ECB Warns Banks to Grasp Real Estate Risks or Face Capital Hits

From bnnbloomberg.ca

The European Central Bank is signaling to lenders that they may face higher capital requirements if they have an insufficient handle on risks they face from commercial real estate, according to people familiar with the matter. The watchdog is placing greater emphasis on the management of commercial property risks, in a dialog with banks that comes before the annual bar for their financial strength is set, said the people, who asked to remain anonymous as the discussions are private. While individual requirements would probably only apply next year, senior officials view the early warnings as a way to limit losses ... (full story)

Story Stats

  • Posted:
  • Category: Medium Impact Breaking News