Sector Regulation Sector Regulation

Smaller EU banks rushing to plug EUR5 billion capital gap by January, SRB data show

By Jack Schickler
  • 02 Dec 2021 06:30
  • 02 Dec 2021 06:00
Smaller eurozone banks are in a rush to plug a capital shortfall of 5 billion euros ($5.7 billion) by January to avoid dividend restrictions, data published by the EU’s Single Resolution Board today show. 

Lenders in the 19 countries that share the euro must keep a cushion of financial instruments to

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