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Thursday, July 25, 2024

Bankers discuss relations between commercial banks and ECB

By: P.T., STA

Bankers discussed relations between commercial banks and the European Central Bank (ECB) as they gathered for an annual Financial Conference in Portorož, with NLB chairman Blaž Brodnjak warning about attempts by the ECB to push out commercial banks, which he labelled an “exceptionally dangerous moral hazard”.

He said the ECB was taking over an increasingly larger role, noting that if that continued, “politics will supervise itself” eventually. The debate at the conference, hosted by the business daily Finance, also touched on the digital euro.

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