Is Banking System Immune to Cοronavirus ?

SSM : – will use maximum flexibility in evaluating the implementation of the ongoing plans to reduce past non-performing loans.
– Have eased capital and liquidity constraints.

ECB took another decisive step to mitigate impact of possible rating downgrades on collateral availability. The Central Bank aims to ensure that banks have sufficient assets that they can mobilise as collateral with the Eurosystem to participate in the liquidity-providing operations and to continue providing funding to the euro area economy.

Greek Government and Banks are making coordinated efforts to contain an outburst in Non Performing Loans. (NPLs).  Bankers and Servicers…