Eurozone shadow banks increase share of assets to 33%
Expansion has ‘gathered pace’ since 2012 as banks deleverage
The share of the shadow-banking sector in the eurozone financial system has increased from a quarter to a third in the past decade, a trend that has "gathered pace" since mid-2012 as banks deleverage.
These findings are presented in a ‘special article' in the European Central Bank (ECB) report on banking structures published yesterday, which looks to "shed some light" on the composition of the shadow-banking sector.
At the end of 2013, there were around €57 trillion worth of assets in the
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