Publication
19 Oct 2011
The recent experience of Dexia shows that reliance on a single capital indicator can be very costly. A month before the announcement of the €94 billion rescue package in October 2011, the Belgian-French bank stressed that it still had a solid capital reserve. Why then did this seemingly sound bank fail?
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English (PDF, 6 pages, 205 KB) |
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| Author | Willem Pieter de Groen |
| Series | CEPS Commentaries |
| Publisher | Centre for European Policy Studies (CEPS) |
| Copyright | © 2011 Willem Pieter de Groen |