European banks eye Maple market as next MREL frontier

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European banks eye Maple market as next MREL frontier

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BW3XEC Stack of ten thousand dollars in Canadian one hundred dollar currency | Alamy Stock Photo

European financial institutions have made very limited use of Canadian dollars in recent years, but the region’s issuers could soon start to embrace the Maple market as they look to diversify their funding bases for the minimum requirement for own funds and eligible liabilities (MREL).

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