{"id":4784,"date":"2023-11-23T01:37:39","date_gmt":"2023-11-22T23:37:39","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=4784"},"modified":"2023-11-23T01:37:39","modified_gmt":"2023-11-22T23:37:39","slug":"ecb-warns-of-early-signs-of-stress-at-eurozone-banks-as-default-rates-rise","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=4784","title":{"rendered":"ECB warns of \u2018early signs of stress\u2019 at eurozone banks as default rates rise"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">Eurozone banks&#8217; balance sheets are showing &#8220;early signs of stress&#8221; after an increase in loan defaults and customer delinquencies, the European Central Bank has warned.<\/p>\n<p>According to the ECB, rising interest rates are currently helping to boost banks&#8217; revenues and profits, but lenders are facing pressure from rising funding costs, deteriorating asset quality and lower lending volumes.<\/p>\n<p>In its biannual Financial Stability Review, the ECB also noted that higher interest rates and slower growth are creating challenges for eurozone households, companies and governments.<\/p>\n<p>Higher borrowing costs could lead to banks having to set aside more money to cover bad debts, hurting future profitability.<\/p>\n<p>However, as the rise in defaults and late payments has come from a historically low level, and the ECB believes the banking system should be able to cope with worsening asset quality for now.<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Eurozone banks&#8217; balance sheets are showing &#8220;early signs of stress&#8221; after an increase in loan defaults and customer delinquencies, the European Central Bank has warned. According to the ECB, rising interest rates are currently helping to boost banks&#8217; revenues and profits, but lenders are facing pressure from rising funding costs, deteriorating asset quality and lower [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4784"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/4785"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}