Arab Today, arab today imf tells european banks to raise capital
Last Updated : GMT 05:01:07
Arab Today, arab today
Arab Today, arab today

IMF tells European banks to raise capital

Arab Today, arab today

Arab Today, arab today IMF tells European banks to raise capital

Washington - Qna

The International Monetary Fund has urged European banks to raise capital to spare the world’s economy from further crisis. European banks face about US $409 Billion (about 300 Billion euros) in potential losses from the euro-zone debt crisis, The Wall Street Journal reported Thursday. The fund said fiscal strains emanating from weaker euro zone members have had a direct impact of about 200 billion euros on banks in the European Union since its debt crisis started last year. In addition to the holdings of government debt, lower bank asset prices raised credit risks between banks for an overall hit of 300 billion euros. The IMF cautioned that the figure – based on recent market measures – doesn’t necessarily represent the size of a capital hole at European banks, saying such an assessment would require a closer examination of bank balance sheets. But in a report ahead of its annual meeting, it used the calculation to stress the importance of increasing bank capital buffers. The IMF said the global credit crisis “has moved into a new, more political phase” as governments struggle to get their finances in order and larger European nations debate how to rescue their neighbors. The latest turmoil in the euro zone, the US debt-rating downgrade and capital shortfalls at banks have renewed threats to financial stability around the world as global growth slows, the fund said.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf tells european banks to raise capital Arab Today, arab today imf tells european banks to raise capital

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf tells european banks to raise capital Arab Today, arab today imf tells european banks to raise capital

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday