European banks have maintained a solid level of capital and liquidity in 2021 to face the risks to which the Covid-19 pandemic exposes them, estimated the European Central Bank (ECB), acting as the single banking supervisor, when it unveiled the results of the ‘SREP 2021’ exercise on Thursday 10 February.
In view of this situation and the uncertainties facing the economy due to the long-term impact of the pandemic, the ECB has slightly increased the average bank capital requirement to...