How can banks be part of the solution? Supervisory priorities in crisis times

02.12.2021 - By European Central Bank Play

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What are banking supervisors worried about for 2021? Why are “marriages” between banks a good idea? And how can supervisors help banks to be part of the solution during this crisis? Our host Michael Steen finds answers to these questions in The ECB Podcast.

The views expressed are those of the speakers and not necessarily those of the European Central Bank.

Published on 12 February 2021 and recorded on 9 February 2021.

In this episode:

01:19 – How the coronavirus crisis has affected banks

What the uncertainty during the pandemic has meant for banks, the main risks they are facing, and how banks can be part of the solution this time.

04:50 – How supervisors helped to ensure that bank lending continued during the crisis

What steps governments and regulators took to ensure that credit continued to flow, how those measures helped banks to fulfil their role as lenders and what the risks of those policies are.

06:32 – The supervisory priorities for 2021

A closer look at this year’s priorities: credit risk, capital strength, business model sustainability and governance are the areas that supervisors will look at in 2021.