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.
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