14 Jul 2014
Dutch FinMin: European banks should start lending more
FXStreet (Bali) - Dutch Finance Minister Jeroen Dijsselbloem, interviewed by Dutch radio on Saturday, said European banks should start lending more.
Quotes from Dijsselbloem included:
“The capital that banks need to raise so they can withstand losses doesn’t mean that you can lend less money. That’s a recurring argument from the banking world which is in fact not correct”
“They must have a stronger balance sheet if they take more risk on onto their balance sheet. That doesn’t mean they have to lend less.”
Quotes from Dijsselbloem included:
“The capital that banks need to raise so they can withstand losses doesn’t mean that you can lend less money. That’s a recurring argument from the banking world which is in fact not correct”
“They must have a stronger balance sheet if they take more risk on onto their balance sheet. That doesn’t mean they have to lend less.”