Independent journal on economy and transport policy
13:26 GMT+1
Exclusive: ECB reviews banks' lending to troubled shipping industry - sources
(Reuters)
June 23, 2016
Frankfurt - By Andreas Kröner Reuters
The European Central Bank has launched a review of banks' lending to the shipping industry, much of which is suffering a deep downturn, five people familiar with the situation told Reuters.
The review by the ECB's banking supervisor has raised concerns among lenders, particularly in Germany, that they may be required to set aside more capital and make higher loss provisions against loans to the industry ...... Read more on Reuters
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