Moody’s: Banks exposed in Eastern Europe may see downgrades
Banks from Austria, Italy, France, Belgium, Germany and Sweden account for 84 percent of bank loans in central and eastern Europe. Austria’s banking system is “most exposed” to the region, according to Moody’s.
When ratings are lowered, lenders also face higher funding costs, which would further erode the capital they may need to weather losses in Eastern Europe, Bloomberg adds.
Citeste mai multe despre eastern europe