• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

ECB Intensifies Scrutiny of Top Banks on Potential Loan Default Risks

January 26, 2021 by Forex Winner Leave a Comment

ECB Intensifies Scrutiny of Top Banks on Potential Loan Default Risks

The European Central Bank will increase scrutiny of credit risk preparedness by banks on potential loan defaults brought by the pandemic, according to Bloomberg. ECB officials and national watchdogs are pushing lenders to give additional information on their corporate lending in 2020.

  • ECB Supervisory Board Chairman Andrea Enria has severely warned of an increase in banks’ non-performing loans once government relief programs run out.
  • ECB is concerned about the different methods banks are using to account for credit risk and provisions
  • Investors have increasingly been concerned about the disparity of loan loss provisions across ECB banks.
  • Ten of Europe’s biggest lenders set aside $15 billion for doubtful credit in the fourth quarter.
  • The action by EB aims to ensure banks’ capital cushions are strong enough to withstand a severe economic downturn.
  • ECB is considering tougher capital requirements for banks that do not adequately manage their leveraged financial risks in addition to constraining dividends and bonuses.

European top bank stocks are currently gaining. BNP is up 2.36%, DBK is up 2.39%, GLE is up 2.66%

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

How to Predict Forex Movement?

November 30, 2022

The Red Dog Reversal: A Strategy for Day or Swing Trading

November 9, 2022

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Footer

Forex Broker Reviews

avatrade

AvaTrade Review

February 24, 2020 By Forex Winner

ZacksTrade

ZacksTrade Review

May 22, 2019 By Forex Winner

fxglory

FxGlory Review

September 4, 2019 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2023 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure