On 28 April 2020 the Commission adopted a banking package aimed at facilitating bank lending to support the economy and help mitigate the economic impact of the Coronavirus. The package encourages banks and supervisory bodies to apply the EU’s accounting and prudential rules more flexibly, and proposes targeted amendments to EU banking rules (the Capital Requirements Regulation).
Banking package to facilitate lending to households and businesses in the EU
First published on
28 April 2020