You are here
ECB says Paschi bank needs 8.8b euros of capital
THE European Central Bank (ECB) sees Italian lender Banca Monte dei Paschi di Siena SpA needing about 8.8 billion euros (S$13.3 billion) of capital to bolster its balance sheet after liquidity deteriorated this month.
The calculation is based on the results of a 2016 stress
- CALL +65 6388 3838
- EMAIL email@example.com