Our approach of enhanced credit support helped restoring a more normal transmission of our monetary policy stance and ensuring that banks could maintain their crucial role in financing the real economy. The ECB also engaged in a covered bond purchase programme worth € billion throughout the euro area.
The question that we need to consider; do they understand the risks, and have they explained the inherent risks sufficiently to their customers? 4)  Growth of loans and advances per economic sector, and what is the percentage of cross-border loans, as these rates proved to be very important indicators.