ECONOMY - FINANCE - BUSINESS / Banks

ECB review reveals €275 billion increase in risk-weighted assets since 2018

Brussels, 19/04/2021 (Agence Europe)

The ECB’s ’Targeted Review of Internal Models’ (TRIM) – which was carried out at 65 significant institutions in the euro area – was published on Monday 19 April. The review revealed more than 5,000 shortcomings in the way these complex financial institutions value their risk-weighted assets, which are mostly loans to households and businesses.

In order to remedy those shortcomings that were identified, the ECB, acting as the single banking supervisor in the euro area, has required...