Banks’ profit in eurozone has increased

17:58 - 12.04.2023


April 12, Fineko/abc.az. The European Central Bank has published statistics for the last quarter of 2022 on ECB-controlled capital, stock returns and problem loans of banks.

ABC.AZ reports that banks in the eurozone strengthened their capital buffers in the last quarter of 2022, reducing outstanding accounts receivable.

Thus, the capital adequacy ratio (Level 1), the main indicator of the financial stability of eurozone banks, increased from 14.74% to 15.27% in the last quarter of 2022, exceeding the regulatory capital ratio.