Banks in Germany and France, in contrast, have experienced increases (Graph 7). BIS central bankers’ speeches  5  Graph 7  With banks under funding pressure, the ECB has had to increase its lending to banks.
A supervisory review process (SRP) was initiated with select banks having significant exposure to sensitive sectors, including reliance on call money market, in order to ensure that effective risk mitigants and sound internal control systems are in place. In the first round, a framework was developed for monitoring the systemically important individual banks.