European central bank non performing loans definition

 

european central bank non performing loans definition

Draghi has kept the bazooka in his back pocket for the timebeing. Reuters/Ralph Orlowski; OpenWorks Engineering

ECB president Mario Draghi says that European banks should not blame all their problems on the negative interest rates imposed on the eurozone by the central bank, arguing that its NIRP will, in the end, have a positive impact on the balance sheets of banks. 

Speaking in Frankfurt after the European Central Bank left monetary policy unchanged on Thursday afternoon , Draghi told reporters that: " Low interest rates should not be used as the justification for everything that goes wrong with banks," adding that "it would be a mistake to do so."

European central bank non performing loans definition

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2016-11, 16.11.2016)

Board of Governors of the Federal Reserve System International Financial Discussion Papers [View] (2016-11, 16.11.2016)

Draghi has kept the bazooka in his back pocket for the timebeing. Reuters/Ralph Orlowski; OpenWorks Engineering

ECB president Mario Draghi says that European banks should not blame all their problems on the negative interest rates imposed on the eurozone by the central bank, arguing that its NIRP will, in the end, have a positive impact on the balance sheets of banks. 

Speaking in Frankfurt after the European Central Bank left monetary policy unchanged on Thursday afternoon , Draghi told reporters that: " Low interest rates should not be used as the justification for everything that goes wrong with banks," adding that "it would be a mistake to do so."