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EU banks' green assets stand at just 7.9 percent, EBA finds

( May 21, 2021, 08:00 GMT | Official Statement) -- MLex Summary: EU banks' share of green assets might be as little as 7.9 percent, a first analysis by the European Banking Authority has found. Around 58 percent of exposures to large corporations — some 1.36 trillion euros ($1.66 trillion) — are to sectors that will be affected by a shift away from polluting energy, such as manufacturing, electricity and real estate, the report found.Statement follows. Document attached. ...

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