RAS AL KHAIMAH / WAM HH Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member ...
Read More »Euro-area banks facing funding cliff consider reliance on ECB
Bloomberg Euro-area lenders are facing a cliff edge for their funding, and some are hoping the European Central Bank will help them out. Around 722 billion euros ($832 billion) of long-term loans granted to banks by the ECB will start maturing from 2020, and new regulatory standards mean replacement funds could be needed as soon as next year. One concern ...
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