Irish Association of Corporate Treasurers - Covid-19 - Basel Committee highlights importance of capital buffers - Tarek Tranberg, Head of Public Affairs & Policy, EACT

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Covid-19 - Basel Committee highlights importance of capital buffers - Tarek Tranberg, Head of Public Affairs & Policy, EACT

Covid-19 - Basel Committee highlights importance of capital buffers - Tarek Tranberg, Head of Public Affairs & Policy, EACT

19 Jun 2020 1:29 PM | Michele Fogarty (Administrator)

Yesterday, the Basel Committee for Banking Supervision (BCBS) issued a statement highlighting that in the context of the ongoing pandemic it is paramount for individual jurisdictions to preserve the stability of their respective banking systems, so as to enable banks to maintain their lending activities throughout the crisis.