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ECB says banks now have extra 1.8t euros to lend in virus fight

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Eased rules on the capital buffers that lenders supervised by the European Central Bank must hold to weather crises will free banks up to issue as much as 1.8 trillion euros (US$1.9 trillion), the institution said Friday.

[FRANKFURT AM MAIN] Eased rules on the capital buffers that lenders supervised by the European Central Bank must hold to weather crises will free banks up to issue as much as 1.8 trillion euros (US$1.9 trillion), the institution said Friday.

With lower capital requirements, 120 billion...

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