REFILE-Euro zone banks' funding not 'materially affected' by turmoil - ECB

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Adds source in headline) FRANKFURT, March 21 (Reuters) - Euro zone banks' funding and liquidity positions "were not materially affected" by the collapse of Silicon Valley Bank and a crisis at Credit Suisse, the European Central Bank's top supervisor Andrea Enria said on Tuesday. He added banks that did see deposit outflows had "succeeded in maintaining their levels of excess liquidity ... mostly by issuing debt securities".
(Reporting By Francesco Canepa; Editing by Jan Harvey)

004906975651247; Reuters Messaging: francesco.canepa.thomsonreuters.com@reuters.net))
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