Banken in der Eurozone

>https://www.ariva.de/forum/...er-eurozone-472954?page=310#jumppos7765
>https://www.ariva.de/forum/...er-eurozone-472954?page=310#jumppos7764

Panel discussion: Focus Pension Fund Central clearing of OTC IR derivatives - Derivatives Forum 2023
https://www.youtube.com/watch?v=Ekz3dS60oTw
 

Navigating challenging times: a closer look at Europe’s financial system
Speech at the 21st Annual Symposium on Building the Financial System of the 21st Century: An Agenda for Europe and the United States
https://www.bundesbank.de/en/press/speeches/...inancial-system-908880  

Asset-quality review: falling NPL ratios hide rising vulnerabilities

We expect non-performing loans to rise in 2023 as inflation and higher interest rates weigh on demand and profits. Rising NPLs this year and beyond will reverse the trend of the past decade, which has seen euro area banks significantly reduce bad loan stocks through securitisations and asset disposals. “For 2023, we expect headwinds in all types of loan portfolios”, Saldias highlighted. “They may take some time to show up in headline asset-quality ratios but early signs of deterioration are already visible in faster-moving asset-quality metrics such as Stage 2 loan classifications under IFRS 9”.

https://www.scoperatings.com/ratings-and-research/research/EN/174104
 

The uncertain economic environment continues to push European house prices lower. But challenges are also crystallising in net residential mortgage lending, which nosedived to almost zero ...The situation exposes mortgage covered bonds to several risks. First and most obviously, from weakening credit quality resulting from higher defaults and decreasing property values. Lower property values may reduce recovery and by definition increase expected loss. Lower property values can also affect the over-collateralisation (OC) of covered bond programmes.
https://www.scoperatings.com/ratings-and-research/research/EN/174070
 

https://www.youtube.com/watch?v=UOYi4NzxlhE

While Nordic households are the most exposed to value corrections because they are vulnerable to mortgage risks arising from affordability shocks and value declines, Germany’s position as the second worst performer was more of a surprise.
https://www.scoperatings.com/ratings-and-research/research/EN/174070  

>Germany’s position as the second worst performer was more of a surprise.

Immobilienpreise in Deutschland um bis zu 15 % – aktuelle Daten
https://finanzmarktwelt.de/immobilienpreise-2-270196/  

Office investment has fallen to an all-time low in Europe and fewer office properties were sold in the first quarter of the year than during the financial crisis, MSCI Real Assets' latest report shows. Nordic Property News does a segment-by-segment review with the help of MSCI's chief analyst Tom Leahy.
https://nordicpropertynews.com/article/8389/...all-time-low-in-europe  

Neue Verfahren sollten nach der Finanzkrise 2008 dafür sorgen, dass man große Banken ohne Beteiligung des Steuerzahlers und ohne Schaden für die Volkswirtschaft abwickeln kann. Das hat wieder nicht funktioniert.
https://www.faz.net/aktuell/finanzen/...bankenrettungen-18886867.html  

Sonderbericht 12/2023: EU-Aufsicht über Kreditrisiken von Banken – Die EZB hat ihre Bemühungen verstärkt, aber es bedarf weiterer Schritte, um die Sicherheit zu erhöhen, dass Kreditrisiken angemessen gesteuert und abgedeckt werden
https://www.eca.europa.eu/de/publications/SR-2023-12  

Das Ergebnis der Deutschen Pfandbriefbank PBB vor Steuern ist im ersten Quartal um fast ein Viertel auf 32 Millionen Euro zurückgegangen. Das teilte die Bank am Montag mit. Pfandbriefbank hält sich bei Gewerbeimmobilien in Großbritannien und USA zurück Grund dafür ist ein Gewinneinbruch im ersten Quartal.
https://www.handelsblatt.com/finanzen/...nd-usa-zurueck/29151736.html  

Deutsche Pfandbriefbank: Dividendenperle rauscht in den Keller
https://www.deraktionaer.de/artikel/...ht-in-den-keller-20332064.html  

Bis zu 20 Prozent – Immobilienpreise in Städten sinken
https://www.wiwo.de/finanzen/immobilien/...edten-sinken/29152792.html  

> https://www.ariva.de/forum/...er-eurozone-472954?page=313#jumppos7848

Notification of the intended introduction of risk weight floors under Article 458 of the Capital Requirements Regulation: Finansinspektionen hereby notifies our intention to introduce risk weight floors for corporate exposures secured by commercial and residential real estate properties
https://www.fi.se/contentassets/...on-article-458-crr-2023-09-10n.pdf
Proposal for new risk weight floors for bank loans to commercial properties
https://www.fi.se/en/published/news/2023/...to-commercial-properties/
Notification under Article 458 CRR (national flexibility measure)
https://www.fi.se/contentassets/...ng-measures-article-458-crr-se.pdf
 

Sweden Set for EU’s Worst 2023 Economic Slump, Commission Says
https://www.bloomberg.com/news/articles/...omic-slump-commission-says
Finansinspektionen Notifies The EU Regarding The Introduction Of New Risk Weight Floor For Commercial Real Estate
https://www.finansinspektionen.se/en/published/...ercial-real-estate/  

Lindner sieht noch viel Diskussionsbedarf bei der EU-Bankenunion : Bundesfinanzminister Christian Lindner will die Bankenunion in der EU vorantreiben - sieht aber noch viel Gesprächsbedarf. "Wir sind absolut überzeugt davon, dass wir Fortschritte bei der Bankenunion brauchen", sagte der FDP-Politiker am Dienstag vor einem Treffen mit seinen EU-Amtskollegen in Brüssel. Der vorliegende Vorschlag der EU-Kommission sei so aber noch nicht zustimmungsfähig.
https://www.ariva.de/news/...-viel-diskussionsbedarf-bei-der-10682650
 

Banken aus der Spur kommen
siehe due DB
die läuft ja jetzt schon auf der letzen Rille
wenn man den Kurs anguckt  

> https://www.ariva.de/forum/...er-eurozone-472954?page=311#jumppos7783

Europe’s new IRRBB test: Financial regulation is a process of trial and error. Pull a lever too far and the system lurches out of balance. Push it back the other way and you risk overcorrecting. In their latest rules for interest rate risk in the banking book, or IRRBB, European regulators face just such a predicament.
https://www.risk.net/regulation/7956695/...-the-riddle-with-no-answer
Banks dispute EBA’s new threshold for IRRBB test: Regulators have proposed doubling a threshold used for identifying which banks have loan and deposit books that are most at risk from changes in interest rates. But risk managers say the new threshold is still too low, and could result in excessive numbers of firms being deemed outliers.
https://www.ariva.de/forum/...er-eurozone-472954?page=318#jumppos7967  

Europe's banks face higher bad loans linked to old, unwanted office buildings: European banks are set for an increasing number of bad loans among borrowers who own ageing and poorly located office buildings.
https://www.spglobal.com/marketintelligence/en/...-buildings-75575968  

Fabio Panetta: Digital euro - for everyone, everywhere in the euro area
Presentation by Fabio Panetta, Member of the Executive Board of the ECB, at Kangaroo Group virtual debate
https://www.ecb.europa.eu/press/key/date/2023/...17~25f6ba13c7.en.pdf  

Immobilien-Deals auf Finanzkrisen-Niveau. Savills: Weiter hohe Unsicherheit über Preisniveau.
https://www.portfolio-institutionell.de/...ionsvolumen-auf-tiefpunkt/  

Scope Covered Bond Quaterly Report
https://www.scopegroup.com/dam/...0Covered%2520Bond%2520Quarterly.pdf  

Real Estate Insights 4/23
https://www.scopegroup.com/dam/...%2520-%2520April%25202023_final.pdf  

Das Statistische Bundesamt (Destatis) berichtete die Anzahl der Baugenehmigungen von Wohnungen für den Monat März 2023. Die Baugenehmigungen für Wohnimmobilien sind um -29,6% zum Vorjahresmonat gesunken, auf 24’500 Einheiten.
https://www.querschuesse.de/deutschland-baugenehmigungen-maerz-2023/  

Baugenehmigungen für Wohnungen im März 2023: -29,6 %: Zum Rückgang der Bauvorhaben dürften weiterhin vor allem hohe Kosten für Baumaterialien und zunehmend schlechtere Finanzierungsbedingungen beigetragen haben.
https://www.destatis.de/DE/Presse/...ungen/2023/05/PD23_192_3111.html  

Consolidation among central and southeast Europe's banks is likely in the medium term, as smaller lenders evaluate their options in a challenging environment.
https://www.spglobal.com/marketintelligence/en/...-few-years-75594461