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Lagarde, limited Eurozone bank exposure to Credit Suisse

2023-03-20T16:44:51.722Z


With respect to the exposure of Eurozone banks to Credit Suisse, "the feedback and assessment that has been produced indicate that it is a very limited exposure". "We're not talking billions we're talking millions." (HANDLE)


(ANSA) - BRUSSELS, MARCH 20 - With respect to the exposure of banks in the Eurozone towards Credit Suisse, "the feedback and the evaluation that has been produced indicate that it is a very limited exposure".

"We're not talking about billions, we're talking about millions."

This was stated by the president of the ECB Christine Lagarde, in a hearing at the Econ commission of the European Parliament as president of the European Systemic Risk Board.

(HANDLE).


Source: ansa

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