ECB publishes Q2 statistics
The European Central Bank (ECB) has released its supervisory banking statistics for the second quarter of 2022. They show that at the middle of the year the capital adequacy of banks, in aggregate, remains strong, and the level of non-performing loans (NPLs) has continued to fall. Of somewhat more concern is the rise of so-called ‘Stage 2’ loans, which are causing lenders some initial concern and may well be a precursor to an increase in NPLs. Presumably Q3 will be the one to watch. We are always interested to see these quarterly figures as a practical application of XBRL.
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