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EU banks will maintain lending under liquidity rule, EBA says

( January 15, 2015, 17:19 GMT | Official Statement) -- MLex Summary: EU banks are adapting to stricter rules on their minimum cash holdings and will be able to maintain their lending activity, the European Banking Authority said in a report on the impact of Liquidity Coverage Ratio requirements. The rules will strengthen specialized lenders — including factoring and leasing companies, as well as auto and consumer creditors — said the EBA, which had earlier found that the changes could harm providers.Read the statement below and the full report attached at bottom....

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