Sep
07
ECB Said to Set 2016 Capital Ratios for Most Supervised Banks
By-
Ratios part of 2016 Supervisory Review and Evaluation Process
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About 100 banks will shortly be informed; more to come
The European Central Bank’s supervisory arm has set draft capital ratios for most of the 123 banks that it oversees in the euro area, a person familiar with the decision said.
About 100 of the annual Supervisory Review and Evaluation Process plans for individual lenders were signed off at a meeting of the board of the Single Supervisory Mechanism in Frankfurt on Sept. 3-4, the person said, asking not to be named as the matter isn’t public. An ECB spokeswoman declined to comment…
ECB Said to Set 2016 Capital Ratios for Most Supervised Banks