Under the proposals, troubled medium-sized and smaller banks will be encouraged to use funds from the financial sector instead of public money, the European Commission, the EU's executive arm, said.
"Recent failures of some US and Swiss banks and resulting stress in the international banking sector are just a reminder of why we need a strong functioning system to deal with all banks whatever the size when they get into trouble," Valdis Dombrovskis, commission executive vice president, told a news conference in Strasbourg.
Previously, mid-size banks found it difficult to access resolution schemes funded by the banking sector, meaning depositors would take a hit above levels guaranteed by deposit insurance programmes. "Let me stress the first and main line of defence in such crisis must be banks' internal capacity to absorb losses," Dombrovskis said.
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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