Sentences with phrase «euro area banks»

As a reminder, euro area banks» Net Interest Income was EUR320bn in 2015, broadly stable over recent quarters.

On average, euro area banks need to expand their eligible loan portfolio by around 1.2 % annually in 2016 and 2017 in order to qualify for the maximum reduction, i.e. to receive the 0.40 % subsidy on their TLTRO II holdings.

On average, euro area banks need to expand their eligible loan portfolio by around 1.2 % annually in 2016 and 2017 in order to qualify for the maximum reduction,

«However, the bail - in of the banking sector with customer deposits is still likely to have some negative implications for the euro area banks, given the precedent it sets,» the bank adds.

This issue of the Macroprudential Bulletin looks at how euro area banks are linked to each other and to investment funds and how this may affect the stability of the financial system.

The financing needs coming due in the first quarter «imply that euro area banks will not have extra money as a result of the three - year auction to purchase European sovereign bonds, using a carry - trade strategy, because the amount of fresh cash is less than the amount of bank debt that will mature during the quarter», Powell wrote recently.

In particular, the Euro Stoxx Banks Index jumped 0.9 percent, which meant that euro area banks have managed to recover the losses suffered in the global sell - off seen at end of 2015.

Not exact matches

«And secondly, the euro area economy proved resilient to political (and other) shocks in the last couple of years and should remain so,» the bank added.

The European Central Bank (ECB) warned Wednesday that despite the improved economic growth in the euro area there are concerns related to a sudden increase in volatility.

In addition to that, the euro area has (a) worsening problems of political instability (Italy without government, unfolding corruption scandals in recession - hit Spain and France), (b) dysfunctional banking systems (weak banks and their impaired lending activities despite ample liquidity supplied by the ECB) and (c) lingering uncertainties about the financial system's credibility (problems with depositor and investor protection).

The European Central Bank (ECB) dropped its easing bias on Thursday, fueling expectations that it will normalize monetary policy in the euro area.

Overnight, the European Central Bank held interest rates steady amid signs the euro area's growth outlook may have softened.

- Any further initiative at the euro - area level, in particular those relating to steps towards a fiscal and banking union.

The ECB's annual report on its work as the euro zone's top banking watchdog shows some banks were found to be deficient in the way they identify problem customers and loans, set aside provisions and choose when to grant credit, among other areas.

That is obviously an unreasonable and politically disruptive fiscal policy in a situation where the weakening banking system can not provide an effective transmission of the ECB's attempt to restart the euro area's moribund economy.

It is, therefore, a good bet that the triad of fiscal austerity, short - term growth - stifling structural reforms and seemingly intractable problems of a weak banking system will soon lead to the downward revision of the ECB's long - standing growth forecast for the euro area.

Even an intensifying of the ongoing euro - area financial crisis, which could occur, the bank says, because there are signs Europeans are becoming weary of austerity and reforms.

The past crisis revealed that most euro - area banks have disproportionate sovereign exposure in their home country.

The EURO area, and by extension the European Union, is confronting a political crisis, a banking crisis, a sovereign debt crisis, and an economic growth crisis.

The euro area's crisis has sparked «flight to safety» capital flows into Norway's highly - desirable investment assets, pushing the Krone currency to undesirable export - harming heights and forcing the country's central bank to cut interest rates to stem the inflow.

Various quantitative - easing options focused on government bonds were shown to governors on Jan. 7 in Frankfurt, including buying only AAA - rated debt or bonds rated at least BBB minus, the euro - area central bank official said.

However, the Harmonised Index of Consumer Prices (HICP) inflation in the euro area has remained below the ECB's 2 - percent inflation target since 2013, leaving the central bank of the 19 - nation euro area not much of a choice when it comes to hiking rates.

It is no coincidence that the two main areas which are experiencing negative interest rates, sub-par growth and near - deflation — i.e. Japan and the Eurozone (plus the three euro - linked economies of Sweden, Denmark and Switzerland)-- are also the economies where the major central banks have implemented flawed versions of QE.

Ever since the ECB has begun to implement its assorted money printing programs in recent years — lately culminating in an outright QE program involving government bonds, agency bonds, ABS and covered bonds — bank reserves and the euro area money supply have soared.

The numbers are «still consistent with quite good economic growth,» said Marco Valli, chief euro - area economist at UniCredit Bank in Milan.

European Central Bank officials intend to spend the six weeks before their next policy meeting assessing why the euro - area economy has slowed and...

In the euro area the economic recovery continues to lag other regions, while some European Central Bank (ECB) officials have begun to express concern about the impact of the appreciating euro.

Against this backdrop, we maintain our scenario of a strengthening cyclical recovery, with euro area GDP growing at around 1.8 % this year and next, above potential, on the back of rising domestic demand (household consumption and investment) fuelled by bank credit.

Against this backdrop of ECB support, we maintain our scenario of a stronger cyclical recovery, with euro area GDP growing at around 1.8 % this year and next, above potential, on the back of rising domestic demand (consumption and investment) fuelled by bank credit.

Faced with growing external risks, the euro area needs a solid banking sector more than ever.

Meanwhile, euro - area finance chiefs Monday remained divided over the possible introduction of capital controls as banks may be running out of the collateral they post to receive funds.

Moreover the Economic and Monetary Union should be reformed and deepened, there should be greater euro area integration with financial solidarity, a true banking union, the definition of a convergence strategy — notably from the fiscal and social points of view — all of which based on greater democratic legitimacy — notably with stronger involvement on the part of the national parliaments and the European Parliament.

More than 80 percent see the Euro - area economy strengthening this year, boosted by export growth tied to a 25 % plunge in the euro amid fresh quantitative easing by the European Central Bank.

Let me start with a quote from the SEPA website: Only one bank account needed for the whole euro area: SEPA will make things much easier if you are working or studying abroad in another euro...

Estimations say that around 130 credit institutions representing almost 85 % of total banking assets in the euro area will fall under the direct supervision of the ECB.

We expect a slight fall in German Bund yields (perhaps by 10 basis points) to be accompanied by a rise in yields on peripheral euro area bonds before possible intervention by the European Central Bank steadies the fixed - income market.

The acquisition of the EMI license will allow Globitex to integrate with the Single Euro Payments Area (SEPA) euro payment system directly through the central bank of Lithuania.