German shipping banks will likely be holding their breath over the weekend, until Monday, when the European Central Bank (ECB) unveils the methods it plans on using to perform the impending supervision of the lending quality of the major banks in the Eurozone.
"There is a lot of uncertainty how ship loans will be treated in the AQR and stress tests and how granular the approach will be regarding ship types and sizes," one CEO of a major bank tells Reuters. the ECB is expected to target loans for shipping, and few banks in Europe are more exposed to this sector than the German banks.
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for ShippingWatch has now started
With your free trial you get:
Full access to all locked articles on ShippingWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.