Andrea Enria
ECB to tighten monitoring of banks' liquidity
The European Central Bank (ECB) has announced it wants to monitor the liquidity of banks in the eurozone more frequently to reduce the future risk of a financial crisis.
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SSM head on the Greek banks
Greek banks will undergo capital stress tests in order to get the green light from the European Central Bank's supervisory mechanism to distribute dividends to shareholders, the head of the Single Supervisory Mechanism (SSM) board, Andrea Enria, told Kathimerini.
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Stournaras meets with SSM’s Enria to discuss Greek banks
Bank of Greece Governor Yannis Stournaras met on Thursday with Andrea Enria, chair of the Supervisory Board of the European Central Bank's Single Supervisory Mechanism (SSM).
Enria met with Stournaras and other members of the Bank of Greece's administration, as well as with representatives of the managements of Greek banks and the Hellenic Bank Association.
ECB Supervisory Board chief sees positive signs for Greek banks
Regulatory authorities and international financial institutions are sending out positive signals about Greek banks, on the eve of announcing their second quarter results.
Eurozone banks to get more time to cover bad loans as ECB eases rules
Banks in the eurozone will get more time to set aside cash to cover for loans that have gone or will go unpaid after the European Central Bank bowed to pressure from Brussels to ease its rules on the matter.
Eurozone banks are still piling up new bad loans
Eurozone banks are still seeing a "high" number of loans go unpaid and borrowers declare default despite years of economic growth, the European Central Bank's top supervisor Andrea Enria said on Friday.
But Enria also praised the sector's "ambitious" plans to reduce a mountain of nonperforming loans (NPLs) inherited from the last recession.
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Greece seen lending support to Enria for ECB
The race to take over the European Central Bank's supervision arm has become a dead heat as southern European countries appear to be lining up behind an Italian candidate, four sources familiar with the process said.
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Europe to improve disclosure of ‘bad loans’ for all banks
European authorities will prepare by the end of next year enhanced disclosure requirements on bad loans as part of an action plan to tackle the risk of non-performing loans (NPL).
EU economic and finance ministers (Ecofin Council) are expected to adopt today (11 July) a plan to decrease the high level of bad loans held by banks in member states.
Peripheral banks lead European shares lower after positive start
European shares turned lower on Thursday as banks in countries such as Italy, Greece and Spain resumed their recent downtrend.
Shares in peripheral banks have mostly been falling since the publication of the results of the European Central Bank's stress tests over the weekend.
KTB, Credit Agricole Under Special Supervision Until September 21
Offices of Bulgaria's Corporate Commercial Bank (KTB) and its subsidiary Credit Agricole will remain closed at least until September 21, Bulgarian National Bank informed Tuesday.