Post-Covid crisis, EU banks have thin dollar liquidity buffers
Thirty-five European Union lenders analysed by the bloc’s banking watchdog didn’t hold enough easy-to-sell US dollar assets to cover their projected dollar cash outflows as of end-June.
Of 130 banks included in the European Banking Authority’s (EBA) latest report on the strength of firms’ liquidity coverage ratios (LCR), 71 said dollars were a “significant” foreign currency to them. Of these, 53 (75%) had dollar-specific LCRs lower than their all-currency LCRs, and 35 (49%) had dollar LCRs
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: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Risk Quantum
Risk Management
Credit Suisse and the Wild West of synthetic prime brokerage
Industry insiders describe a frontier business with few rules – and plenty of questionable practices
Receive this by email