All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIG

EBA denies LTRO stress test penalty but market rattled

Enria

The European Banking Authority on Tuesday dismissed suggestions that it was planning to penalise banks that were dependent on LTRO funding from the ECB in the upcoming stress tests. But the possibility still rattled FIG market participants, with many fearing it would damage mid-sized banks in Europe’s periphery, particularly Spain and Italy.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree