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EEA banks face higher geopolitical risks, economic and interest rate uncertainty, banking supervisor says

( July 2, 2024, 15:00 GMT | Official Statement) -- MLex Summary: Banks across the European Economic Area (EEA) are facing higher geopolitical risks as well as economic and interest rate uncertainty, the European Banking Authority has said in the spring edition of its risk assessment report. The report, published today, covers the EBA’s common risk assessment and an analysis of banks’ asset encumbrance and funding plan data. It also includes banks’ Commercial Real Estate exposures and interconnections with non-bank financial intermediaries.Statement follows. The report is attached....

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