Benoit Coeure, ECB Executive Board member, said the bank has Euro 50 billion on loans to small and mid-sized businesses.
Tags: European banks
Banks to repay ECB crisis loans
On Friday, the European Central Bank said it would receive an early repayment of loans from banks next week valued at EUR5.199 billion.
Capital shortfall in banks over USD155 billion, 60% of them in Europe - report
A Reuters report said banks would need to increase their capital by USD155 billion or EUR115 billion in order to comply with the global Basel III accord.
Risk-weight study shows high-profile banks barely cover capital cost
A Bain & Co. study showed Swedish banks outperform peers, but Europe's financial sector poised to catch up.
European Commission proposes an agency to shut and revamp troubled banks
The European Commission proposed the creation of a new agency that would close and revamp failed banks.
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The European Central Bank would suspend the eligibility of Cyprus's debt due to its demand to refinance its operations.
European banks are finding ready buyers in Asia for everything from loans to entire insurance and broking operations.
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