The impact of the covid on the balance of banks has been limited – Andrea Enria

The Eurozone banks have seen “limited” impact from the pandemic so far, said the chief supervisor of the European Central Bank (ECB), Andrea Enria, in a speech on Friday, referring to the impact of the covid on the balance sheet of banks.

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“Despite this, we must not be complacent.”

We cannot rule out that once government support measures are lifted, some banks may experience significant deterioration in the quality of its assets ”.

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