ECB signs supervision cooperation deal with non-euro zone members
Reuters
Published Jan 25, 2023 04:19AM ET
FRANKFURT (Reuters) - The European Central Bank agreed with six non-euro zone members to cooperate more closely on bank supervision matters, including in exchanging information about cross-border supervised banks, it said on Wednesday.
The agreement covers the Czech Republic, Denmark, Hungary, Poland, Romania and Sweden, the ECB said in a statement.
"Some banks supervised by the ECB have subsidiaries in or sizeable credit exposures towards these Member States and carry out a substantial part of their activities there," the ECB said.
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Written By: Reuters
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