EBA MB 2021 116 (Final minutes - 18 November 2021 MB conference call).pdf
Minutes
Minutes
The European Banking Authority (EBA) today published its quarterly Risk Dashboard together with the results of the autumn edition of the Risk Assessment Questionnaire (RAQ). The NPL ratio declined to 2.1% and the stage 2 ratio contracted to 8.7%. Return on equity (RoE) was reported higher than pre-pandemic levels at 7.7%. RAQ results show that around 50% of banks cover their cost of equity (CoE) with more than 70% of banks estimate a CoE range between 8% and 12%. It remains to be seen to what extent the Omicron-related wave of infections will affect asset quality and profitability.
List of financial conglomerates 2021
Annexes in track changes.zip
The Joint Committee of the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA –published today the list of identified financial conglomerates for 2021.
Opinion and Report on de-risking and its impact on access to financial services
The European Banking Authority (EBA) published today its Opinion on the scale and impact of de-risking in the EU and the steps competent authorities should take to tackle unwarranted de-risking. Providing access to at least basic financial products and services is a prerequisite for the participation in modern economic and social life and de-risking, when unwarranted, can cause the financial exclusion of legitimate customers. It can also affect competition and financial stability.
Compliance table