[Last update 31/03]
Co-operative banks are committed by nature to fully support the local economy and can act as stabiliser in times like these. Public authorities also ask them to strongly support the economy and continue their financing.
In this vein, we believe that in order to preserve trust and ensure that banks can fully support the business eco-system further action is needed, and clarifications are required. Coordination among public authorities and between those and the banking sector is essential. We are collectively facing an extraordinary situation which requires agility, swift and bold reactions.
This web page shares links to initiatives announced by co-operative banks, members of the EACB.
- EACB call to regulators and supervisors to take further measures to ensure the banking sector can sustain the economy through the Covid19 emergency