EU banks slash default risk estimates for corporates by 30%

European Union banks have dramatically cut their default risk estimates for corporate borrowers globally over the last three years, data collated by the European Banking Authority (EBA) shows.

The average weighted probability of default (PD) for corporate exposures across 39 countries was 2.61% in the first quarter of 2018, down from 3.81% in the first quarter of 2015 and a peak of 4% in the second quarter of 2015. 

The PDs for corporate counterparties in all countries have either declined or

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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 indvidual account here: