european deposit insurance

Andrea Enria

Banks Should Keep Every Euro Of Capital To Absorb Losses And Continue To Provide Credit To The Economy, Says ECB’s Enria

Andrea Enria, the President of the European Central Bank (ECB) Supervisory Board, said in an interview that he expects banks to keep back over $27 billion of the $35 billion they planned to distribute in dividends as capital on their balance sheets. In addition to this, Enria said the institutions have also cancelled their current and planned share buy-back programmes