Menu
  • Interview
    Credit risk needs to be watched closely

    Banks are in a position to absorb losses and continue supporting the real economy through these difficult times, says Supervisory Board Chair Andrea Enria. But they must pay attention to credit risk as defaults are likely to increase once support measures are lifted.

Our response to the coronavirus pandemic
25 February 2021 INTERVIEW

Close cooperation with Croatia

Croatia’s participation in the banking union since October 2020 has led to more integrated supervision, says Supervisory Board Chair Andrea Enria. Our focus here and elsewhere remains the fallout from the pandemic. Structural transformation and asset quality are key for banks.

19 February 2021 SPEECH

Better boards for better banks

Diversity of experiences, backgrounds and gender within banks’ management boards is crucial, says Supervisory Board member Edouard Fernandez-Bollo. It will help banks face the current challenges. He explains how we will better support banks in finding the right leaders.

19/02/2021
Edouard Fernandez-Bollo: What does the ECB expect from banks’ leaders?
Speech by Edouard Fernandez-Bollo, Member of the Supervisory Board of the ECB, Florence School of Banking and Finance online seminar “Fit and Proper Assessment: Better Boards for Better Banks?”
05/02/2021
Andrea Enria: Introductory Statement
Speech by Andrea Enria, Chair of the Supervisory Board of the ECB, at the 20th LSE German Symposium
03/02/2021
Pentti Hakkarainen: Digitalisation disrupts traditional banking?
Speech by Pentti Hakkarainen, Member of the Supervisory Board of the ECB, at the 5th Afore Conference
28/01/2021
Andrea Enria: Introductory statement (with Q&A)
Introductory statement by Andrea Enria, Chair of the Supervisory Board of the ECB, at the press conference on the results of the 2020 SREP cycle
English
OTHER LANGUAGES (4) +
25/01/2021
Frank Elderson: Hearing at the Committee on Economic and Monetary Affairs of the European Parliament
Introductory statement by Frank Elderson, Member of the Executive Board of the ECB, at the ECON Committee of the European Parliament

All speeches

01/03/2021
Andrea Enria: Interview with Le Monde
Interview with Andrea Enria, Chair of the Supervisory Board of the ECB, conducted by Véronique Chocron on 10 February 2021 and published on 1 March 2021
English
OTHER LANGUAGES (1) +
Select your language
25/02/2021
Andrea Enria: Interview with HRT
Interview with Andrea Enria, Chair of the Supervisory Board of the ECB, conducted by Zeljko Kardum on 19 February 2021 and broadcast on 24 February 2021
17/02/2021
Kerstin af Jochnick: “We are not out of the woods just yet”
Interview with Kerstin af Jochnick, Member of the Supervisory Board of the ECB, Supervision Newsletter
16/02/2021
Elizabeth McCaul: Interview with Il Sole 24 Ore
Interview with Elizabeth McCaul, Member of the Supervisory Board of the ECB, conducted by Isabella Bufacchi
15/01/2021
Interview with Revue Banque
Interview with Édouard Fernandez-Bollo, Member of the Supervisory Board of the ECB, conducted by Laure Bergala on 11 December 2020 and published on 15 January 2021
English
OTHER LANGUAGES (1) +
Select your language

All interviews

04/12/2020
Elizabeth McCaul: Who pays the piper calls the tune: The need for and benefit of strong credit risk management
Blog post by Elizabeth McCaul, Member of the Supervisory Board of the ECB

Summary

Strong credit risk management to avoid bad loans piling up now will maximise value, avoid cliff effects and reduce the risk of procyclical effects, writes Supervisory Board member Elizabeth McCaul. Inaction would disrupt the supply of credit and liquidity and delay the recovery.

09/10/2020
Andrea Enria, Edouard Fernandez-Bollo: Fostering the cross-border integration of banking groups in the banking union
By Andrea Enria, Chair of the Supervisory Board of the ECB, and Edouard Fernandez-Bollo, Member of the Supervisory Board of the ECB

Summary

We need to foster the integration of cross-border banking groups to ensure that timely liquidity support is provided within them, Andrea Enria and Edouard Fernandez-Bollo say in our latest blog post. To achieve this, recovery plans could be strengthened by using group support agreements.

28/07/2020
Andrea Enria: The coronavirus crisis and ECB Banking Supervision: taking stock and looking ahead
By Andrea Enria, Chair of the Supervisory Board of the ECB

Summary

Euro area banks are resilient to the stress caused by the coronavirus crisis, our analysis shows. The assessment of the results justifies our decision to extend our dividend recommendation. Supervisory Board Chair Andrea Enria also clarifies the timeline for banks to replenish capital and liquidity buffers.

09/07/2020
Yves Mersch: Brexit: banks must prepare for the end of the transition period
Blog post by Yves Mersch, Member of the Executive Board of the ECB and Vice-Chair of the Supervisory Board of the ECB

Summary

The ECB will continue to engage with all banks affected by Brexit to ensure that they achieve their target operating models in a timely manner, says Supervisory Board Vice-Chair Yves Mersch. We will not accept banks attempting to operate as empty shells.

07/07/2020
Kerstin af Jochnick: Supervising the new normal
Blog post by Kerstin af Jochnick, Member of the Supervisory Board of the ECB

Summary

How do we ensure that supervision remains effective during the crisis, and which aspects will be crucial in determining the shape of the EU banking sector in the medium term? These are the key questions supervisors must now answer, writes Supervisory Board member Kerstin af Jochnick.

All blog posts

21 December 2020 SUPERVISION. EXPLAINED.

Booking provisions to prepare for losses

A loan that looks unlikely to be repaid in full becomes non-performing and will probably generate a loss. Banks protect themselves against expected future losses by booking provisions. But what does provisioning mean in practice, and what is coverage for non-performing loans?

BANKING SUPERVISION PORTAL

Gateway to our online services

Our online supervisory services are just a few clicks away! Use the banking supervision portal to launch and follow supervisory processes online, to exchange content with ECB staff, or to report a suspected breach of EU banking supervision law through the whistleblowing platform.

Multimedia

  • Fourth ESRB annual conference: Keynote speech:

    Fourth ESRB annual conference: Keynote speech: "The future of stress testing"

  • Why is it important for banks to reduce bad loans?

    Why is it important for banks to reduce bad loans?

  • Youth Dialogue with Andrea Enria and Elisa Ferreira, Lisbon, July 2019

    Youth Dialogue with Andrea Enria and Elisa Ferreira, Lisbon, July 2019

  • Hear from the students: ECB Youth Dialogue with Danièle Nouy and Sabine Lautenschläger

    Hear from the students: ECB Youth Dialogue with Danièle Nouy and Sabine Lautenschläger

  • Banking Supervision at the European Central Bank

    Banking Supervision at the European Central Bank

  • Single Supervisory Mechanism

    Single Supervisory Mechanism