European Central Bank extends leverage flexibility

The European Central Bank announced that the current leverage flexibility ratio for banks has been extended until March 2022.

In a written statement from the European Central Bank (ECB), it was noted that it was decided to extend the current leverage flexibility ratio for banks until March 2022, in order for banks to continue providing loans to the economy during the epidemic.

The bank also reminded that the ECB will allow lenders to exclude deposits held at central banks until March next year when calculating leverage ratios.

Under normal circumstances, the leverage flexibility granted to banks by the ECB was expected to expire on June 27, 2021.


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Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.

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