ESRB publishes foreign currency lending recommendations

frankfurt-business-district

The European Systemic Risk Board (ESRB) on Tuesday published a set of recommendations on lending in currencies other than the legal tender of the relevant country. The measures were addressed to member states of the European Union (EU), national supervisory authorities and the European Banking Authority.

"These recommendations reflect financial stability concerns arising from foreign currency lending to the non-financial private sector," says the ESRB. "This phenomenon is currently present in EU

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: