Shadow banking links leave EU banks vulnerable – ESRB paper

European banks are largely exposed to three types of shadow financial entity, study finds

European markets

European Union banks’ exposures to the shadow banking sector may leave them vulnerable in times of financial stress, says a working paper published by the European Systemic Risk Board (ESRB) published today (March 15).

In Mapping the interconnectedness between EU banks and shadow banking entities, Jorge Abad et al use data gathered by the European Banking Authority (EBA) in 2015. When it was developing guidelines for banks’ large exposures, the EBA asked European banks to calculate their

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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 individual account