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EU banks show largest yearly rise in asset-encumbrance ratios, EBA says

( July 21, 2021, 16:17 GMT | Official Statement) -- MLex Summary: EU lenders have experienced the largest yearly rise in asset encumbrance ratios since data has been available, the European Banking Authority said in a report today. The increase is due to Covid-19 and banks’ use of central bank facilities, and could pose prudential risks, the EBA said.Statement follows. Report attached....

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