Financial Services Financial Services

Variable rate lending and loan defaults barely correlated, EU banking regulators say

By Jean Comte
  • 25 Apr 2024 11:25
  • 25 Apr 2024 11:25
EU banks' use of variable rates for loans over fixed rates is either not linked or only very slightly linked to the risk of the loans not being repaid, findings by the European Central Bank and the European Banking Authority have shown.
Loans such as mortgages or credit to businesses

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