EU banking watchdog says lenders hold sufficient liquidity

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, March 21 (Reuters) - Banks in the European Union hold sufficient liquidity to cope with market shocks, but lenders must not be complacent in the face of rising interest rates, the bloc's banking watchdog said on Tuesday. "We need to remain vigilant and not be complacent," European Banking Authority chair Jose Manuel Campa told the European Parliament. (Reporting by Huw Jones; Editing by Jan Harvey)

Messaging: huw.jones.thomsonreuters.com@reuters.net))
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.