National Bank of Austria tells banks not to slow reform pace
Financial stability report notes trend of improving capitalisation has slowed
Banks in Austria should strive to reverse a recent slowdown in the pace with which they improve their capital ratios, the National Bank of Austria said in its latest financial stability report, published today (December 18).
"Banks should continue to strive for capital levels that are commensurate with their risk exposures," it said, going on to welcome the recent decision by Austria's Financial Market Stability Board to activate the systemic risk buffer.
The report also called on banks and
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