Banks yet to explain plans for TLTRO maturity wall, says EBA

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Banks yet to explain plans for TLTRO maturity wall, says EBA

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J0R9PY Logo of European Banking Authority on smart phone screen | Alamy Stock Photo

European bank funding plans do not account for the redemption of about a quarter of the €740bn they borrowed from the European Central Bank through the targeted longer-term refinancing operations (TLTRO II), according to a report published by the European Banking Authority this week.

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