Danièle Nouy says banks are ready to lend on eve of SSM

nouy
Danièle Nouy

Europe's largest banks are now in a position to lend to the real economy, providing the demand for credit is there, according to Danièle Nouy, chair of the European Central Bank's (ECB) supervisory board.

Nouy today said the ECB had done its job by conducting a "credible" health check of the 130 most significant banks in the eurozone and it was now down to "other actors" to ensure credit flows to the real economy.

Speaking on the eve of the launch of the Single Supervisory Mechanism (SSM), Nouy

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