Dutch banks improve credit risk position
Dutch banks are running little risk with the loans currently on their books, the European Banking Authority said on Tuesday.
ING, Rabobank, ABN Amro and SNS Reaal have a modest amount in outstanding bad mortgage loans and very few outstanding loans in countries with a weak economy, website nu.nl quotes the EBA as saying.
The EBA demands a capital ratio of 9%. ING has a ratio of 11.8% and Raboban 12.9% while nationalised banks ABN Amro (13.3%) and SNS Reaal (12.2%) also make the grade.
The average credit ratio of the 64 banks in the eurozone is 11.7%.
The EBA report comes ahead of a stress test scheduled for 2014, ahead of the European Central Bank taking over supervision of the banking sector.
Thank you for donating to DutchNews.nl.
We could not provide the Dutch News service, and keep it free of charge, without the generous support of our readers. Your donations allow us to report on issues you tell us matter, and provide you with a summary of the most important Dutch news each day.
Make a donation