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EU banks plan sharp rise in unsecured debt issuance, EBA says

( August 28, 2019, 16:30 GMT | Official Statement) -- MLex Summary: EU banks plan a sharp rise in unsecured debt issuance over the coming years, with 6.1 percent asset growth to 2021 fuelled by loans to households and non-financial corporates, the European Banking Authority has said. A stable level of assets encumbered by collateral claims was a good sign, the EBA said, but the regulator is concerned about a rise in repurchase agreements and a concentration of encumbered assets in the UK and France.Statement follows. Documents attached....

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