EBA Publishes First Risk Dashboard of EU Banking Sector

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On October 29, the European Banking Authority (EBA) published its first risk dashboard, summarizing the main risks and vulnerabilities in the EU banking sector.

It is based on data from the second quarter of 2013 and takes into consideration the evolution of a set of key risk indicators from 56 EU banks that the EBA has been collecting, on a quarterly basis, since 2009.

The accompanying press release states that after the past two years of repair, the overall conditions of EU banks have improved. In particular, data in the EBA dashboard illustrates that capital positions have been significantly strengthened and that funding conditions have recovered. Risk Dashboard. Press Release.

 

Topics:  EU, European Banking Authority, Foreign Banks

Published In: Finance & Banking Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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