EU supervision of banks’ credit risk – The ECB stepped up its efforts but more is needed to increase assurance that credit risk is properly managed and covered

Publisher
Series Title
Series Details Number 12/2023
Publication Date May 2023
ISBN 978-92-847-9955-8
ISSN 1977-5679
EC QJ-AB-23-012-EN-N
Content Type

Summary:

The European Central Bank (ECB) supervises large banks in the Banking Union, assessing their prudential risks. This includes credit risk, which is when loans become non performing and threaten the viability of banks and sometimes the whole financial system.

Source Link Link to Main Source https://www.eca.europa.eu/en/publications/SR-2023-12
Alternative sources
  • https://www.eca.europa.eu/ECAPublications/SR-2023-12/SR-2023-12_EN.pdf
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International Organisations