Tuesday, October 12, 2010

ECB toughens rules of bank crediting

Step by step ECB does more and more difficult for problem European Banks access to cheap unlimited loans from central bank. On days off it has been declared some changes, including a potential prohibition on loans from ECB and prevention of use of swaps and synthetic securities as provision. ECB still occupies a hard line to weak banks under the relation cheap фондирования in hope that it will support efforts on injection of the fresh capital in these suffered institutes.
Now Mexico considers the control over the capital. After control entering over the capital and similar measures under the control over capital inflow from South Korea and Thailand, Mexico too looks narrowly at some restrictions over capital inflow, the executive bank manager of Mexico Avgustin Karstens has reported.

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