Pressure to start raising new debt to meet bail-in funding requirements will add to the challenges facing Polish banks going into 2020, according to analysts.
Banks in the eastern part of the European Union (EU) have lagged their counterparts in the west when it comes to building minimum requirement for own funds and eligible liabilities (MREL) buffers.
None has yet issued bonds in the necessary senior non-preferred format.
In Poland, the region’s largest market, the shortfall could be as high as PLN70 billion (€16.4
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