BANCI | ENGLISH

IMF: Deleveraging Abating in Emerging Europe amid Regulatory and Structural Shifts

Autor: Bancherul.ro
2013-05-04 18:08

IMF press release:

The second wave of funding reductions by western banks vis-à-vis Central, Eastern, and South Eastern Europe (CESEE) that started in mid-2011 is petering out. However, funding reductions have not stopped in all countries of the region and remain significant in Hungary and Slovenia, according to the latest Deleveraging Monitor from the Vienna 2 Initiative Steering Committee.1

The report also noted that current ample global liquidity has not yet led to a return of cross-border lending to CESEE, reflecting the still significant balance sheet pressures of parent banks and subsidiaries alike as well as the continuing trend to rebalance the funding of CESEE subsidiaries toward local sources. Private sector credit remains generally anemic in the region as a result. The second round of the Vienna 2 Initiative’s bank lending survey suggests that weak credit reflects both restrictive demand and supply factors. Among the latter, banks emphasize high non-performing loans over funding constraints as the key factor behind weak credit. At the same time, the results confirm that the drive to lower loan-to-deposit ratios and to rebalance CESEE subsidiaries’ funding sources continues.

Overall, the risks of deleveraging becoming disorderly have receded. However, given the high degree of uncertainty about the optimum level of foreign funding and loan-to-deposit ratios in the region in the medium-term, further substantial funding adjustment cannot be ruled out, which calls for continued vigilance of the deleveraging process.

In addition, Steering Committee Chair and National Bank of Poland President Marek Belka submitted suggestions and remarks on the evolving Banking Union project to the leaders of European institutions on behalf of a Vienna 2 Initiative working group. 2 The document focuses on the project’s impact on host countries in emerging Europe. It stresses that a geographically inclusive and fully-fledged banking union, incentivized with appropriate conditions for participation is in the interest of all cross-border group stakeholders—home and host authorities and banks—in Europe’s deeply integrated financial markets.

For additional information and the latest publications visit: www.vienna-initiative.com.

--------------------------------------------------------------------------------

1 The EBRD, EIB, IMF, World Bank Group, and European Commission are members of the Steering Committee as well as Italy, Romania, and Albania which represent home and host authorities respectively. The Committee is chaired by Marek Belka, President of the National Bank of Poland.

2 The European Commission and the European Investment Bank were observers in the Working Group on the Banking Union and may have different views on the issues addressed in this document.

Comentarii

Adauga un comentariu

Adauga un comentariu folosind contul de Facebook

Alte stiri din categoria: ENGLISH

Merger of Alpha Bank and UniCredit Bank Romania

Press Release: "Alpha Services and Holdings announces a strategic partnership with UniCredit in Romania Merger of Alpha Bank Romania and UniCredit Bank Romania and creation of third largest bank in Romania by total assets, with Alpha Bank retaining a detalii

National Bank of Romania (NBR) Board decisions on monetary policy

NBR Board decisions on monetary policy In its meeting of 4 April 2023, the Board of the National Bank of Romania decided: • to keep the monetary policy rate at 7.00 percent per annum; • to leave unchanged the lending (Lombard) facility rate at 8.00 percent per annum and the deposit facility rate at 6.00 percent per annum; • to keep the existing levels of minimum reserve requirement ratios on both leu- and foreign currency-denominated liabilities of credit institutions. The annual inflation rate went down to 15.52 percent in February 2023, from 16.37 percent in December 2022, relatively in line with forecasts. The decrease was mainly driven by the sizeable drop in the dynamics of fuel and detalii

ING posts 2022 net result of €3,674 million, dividend of €0.389 per share

ING press release: ING posts FY2022 net result of €3,674 million,
proposed final 2022 dividend of €0.389 per share

4Q2022 profit before tax of €1,711 million; CET1 ratio remains strong at 14.5%
•
Profit before tax up 29% on 4Q2021 and 24% on 3Q2022, mainly driven by higher income
•
Higher net interest income, as a further increase in liability margins helped offset TLTRO impact this quarter
•
Risk costs declined to 17 bps of average customer lending

Full-year 2022 net result of €3,674 million, supported by growing customer base and increase in lending and deposits
•
On a full-year basis, our primary customer base grew by 585,000 detalii

BT Financial Results as at 30 September 2022

BT Financial Results as at 30 September 2022 Banca Transilvania – sustained growth in customers and operations during the first nine months of the year "We continued our robust growth in the number of clients and transactions, with a dynamic well above the market average. We have been growing steadily and continued financing companies and individuals, despite the fact that the financial market is more fraught with uncertainty than ever and
the funding costs and capital requirements are additional factors driving the uncertainty in the economy. We remain committed to our objective - to be the main supporter of the economy and of the state for the development of Romania", states Mr. Ӧmer Tetik, Chief Executive detalii

Vezi toate stirile

26.04.2024

1 EUR = lei
1 USD = lei

Sursa BNR

Profil de Bancher

Levon Khanikyan, Vicepresedinte executiv
Idea Bank

LEVON KHANIKYAN VICEPRESEDINTE EXECUTIV ... vezi profil

Toate Profilele

Profil de Banca

EximBank

vezi detalii

Toate Bancile

Filmul Parking, un cliseu plictisitor

Toate stirile

ING Bank

Toate stirile

Ultimele Comentarii

Refuz de plată la o benzinărie suma de 103 euro
Mi s-au retras de două ori suma de 48 euro și suma de 103 euro suma corectă este de 48 de euro ... detalii
nevoia de banci
De ce credeti ca acum nu mai avem nevoie de banci si firme de asigurari? Pentru ca acum avem ... detalii
Mda
ACUM nu e nevoie de asa ceva .. acum vreo 20 de ani era nevoie ... ACUM de fapt nu mai e asa multa ... detalii
oprire pe salariu garanti bank
mi sa virat 2500de lei din care a fost oprit 850 de lei urmand sa mi se deblocheze restul sumei ... detalii
Amânare rate
Buna ziua, Am rămas în urma cu ratele , va rog frumos sa ma ajutați cumva , soțul a pierdut ... detalii

Nume	*
E-mail	*
E-mail prieten	*
Mesaj
Cod validare	*
	Tastati codul din imagine (doar cifre)
	195.154.184.126