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ECB: Enria, banks include recession hypothesis in their plans

2022-07-07T07:53:43.696Z


The European economic scenario "has significantly changed" since the beginning of the year and banks should now include "sufficiently conservative" scenarios and "recession" scenarios in their capital plans. (HANDLE)


(ANSA) - ROME, 07 JUL - The European economic scenario "has changed significantly" since the beginning of the year and banks should now include "sufficiently conservative scenarios" and scenarios with "recession" hypotheses in their capital plans.

This is what the head of supervision of the ECB Andrea Enria affirmed in a speech in Frankfurt according to which this must also influence the decisions on the "capital distribution plans after a dialogue with the supervisory authorities".

(HANDLE).


Source: ansa

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