Banks' funding risks 'a key vulnerability'
The ECB's Financial Stability Report said that despite the improvement in funding in the first few months of 2011, ``banks' funding risks remain among the key vulnerabilities confronting the euro area banking sector''.
Crisis will force banks to switch direction and test their risk management and restructuring abilities under real stressful circumstances, not simulated ones, Gabriel Jeflea, director with UniCredit Tiriac Bank on December 9 said during the conference ``How is growth to be financed in 2009?''