Deleveraging fears overdone, says EBA chairman


Bank deleveraging in Europe has not become "excessive or disorderly", with much of the focus so far on ditching riskier assets, rather than reining-in lending, according to Andrea Enria, chairman of the European Banking Authority (EBA).

"Strong pressure for deleveraging emerged in Europe during the final quarter of 2011, with the freeze of the markets for medium- and long-term bank funding. While this has been a source of concern, at this stage, there is no evidence the deleveraging process has

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: