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Banking news, banks, online banking services, electronic banking, loans, and overall banking industry coverage.

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Stress-testing banks during the Covid-19 pandemic

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When the Covid-19 pandemic struck, the official sector responded by implementing support measures and adopting expansionary monetary and fiscal policies. Prudential authorities provided regulatory relief
in various ways,2 with the aim of maintaining an adequate flow of credit to the real economy, while preserving financial stability.

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EU backs MMI’s Robotic System for Microsurgery

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MMI SpA, an Italian company dedicated to improving clinical outcomes for patients undergoing microsurgery, has signed a financing agreement with the European Investment Bank (EIB) granting access to up to €15 million ($17.74 million), to be deployed over the coming years to support its long-term financial strategy.

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