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RBI, which the person said had sharply reduced its exposure to the Signa group in recent years, declined to comment on Thursday. The European Central Bank (ECB), which supervises the banks, declined to comment. Raiffeisen Landesbank Niederoesterreich-Wien, Raiffeisen Landesbank Oberoesterreich and Erste Group are also among the banks with exposures to Signa, the person said. The other two Austrian banks declined to comment. A spokesperson for Austria's central bank said it had no concerns about the country's financial stability, when asked about Signa's financial position.
Persons: UniCredit, Signa, Rene Benko, Fitch, Landesbank, Banks, Arndt Geiwitz, Francesco Canepa, Tom Sims, Elisa Martinuzzi, Alexander Smith Organizations: Signa Group, Chrysler, Raiffeisen Bank, Bank, European Central Bank, ECB, Reuters, Erste Group, Erste, Austria's National Bank, Market Authority, Thomson Locations: VIENNA, Banks, Austria, Bank Austria, Wien
By offloading some of the risk on their loans, the banks can significantly reduce how much capital they need to set aside to cover potential losses, according to law firm Clifford Chance. A bank can normally transfer risks of losses equivalent to around 7% to 12% of a loan portfolio, two market sources said. With synthetic structures, a bank transfers the risk via credit derivatives or guarantees but keeps holding the underlying exposures. The IFC sold BNP a $50 million guarantee on $1 billion of loans to emerging markets, they said, without disclosing terms. While Europe has been at the forefront for risk transfers, the stock of loans covered by SRTs is small relative to European banks' balance sheets.
Sursa foto: jurnal.mdUn băiețel de nici 5 ani, cu o formă rară de cancer, are nevoie de ajutor; „E micuț și nu înțelege ce se întâmplă” (VIDEO)Nu are nici cinci ani, dar a trecut deja prin multă durere și suferință. În luna martie, Iurie și Oxana Radu aveau să primească cea mai cruntă veste: fiul lor cel mai mic, de mai puțin de 5 ani, a fost diagnosticat cu o formă rară de cancer:„Pe data de 2 martie, am avut matineul. Pentru mine e greu să pronunț”, spune mama copilului, Oxana Radu. „Slăbiciuni după chimioterapie, în brațe, îi cade părul, l-am tuns scurt și acum trebuie și mai scurt că îi cade. El nu prea înțelege, el e micuț, nu înțelege de ce am stricat coafura, de ce-l doare ochișorul și febra, ne batem cu ea.
Persons: Radu, Iurie, Copilul, Igoraș, SWIFT, IBAN Organizations: BC Locations: Trușeni, România, Italia, Turcia, Minsk, Belarus, Baden Wurttemberg, Stuttgart, Germany
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