Analysis
Fortech wins “Internal CSR Campaign” of the year at the CSR Romanian awards
Published
Share

COVID-19 is placing unprecedented challenges on EU banks

The European Banking Authority (EBA) published a preliminary assessment of the impact of COVID-19 on the EU banking sector. The following conclusions were drawn: (1) Banks have entered the COVID-19 crisis more capitalised and with better liquidity compared to previous crises. (2) The COVID-19 crisis will have a negative impact on asset quality. (3) Banks have been using their liquidity buffers and are expected to continue using them in the coming months. (4) Banks’ operational resilience is under pressure.

 

Read more here

Share this Article
Related Insights
Featured
Dutch FinTech Map 2022
Make sure your company is on the map! Are you a member, or active in the Netherlands? Provide your details to be featured!
Amsterdam Fintech Week
Amsterdam FinTech Week is back on 9-16 September, fully in-person and online. Be a sponsor, co-organizer, or just participate at the summit or one of the countless side events.
AMLD5 Guide
A source for consulting PSD2 legislation coupled with commentary, tips & tricks, applicability, in collaboration with our member law firms.

How likely are you to recommend Holland FinTech?