Disclosing climate risks is a new aspect of regulation that banks are coming to terms with, but lenders need to act now to avoid falling further behind as regulators ramp up their focus on ESG issues.

Harry Boyd-Carpenter, managing director, green economy and climate action at the European Bank for Reconstruction and Development, speaks to Burhan Khadbai about the bank’s climate strategy, what it classifies as green investments, the role of gas and the impact of the war in Ukraine on the sustainability transition.

Lenders from the eurozone face increasing pressure and possible enforcement action for failing to meet the European Central Bank’s climate risk disclosure expectations.

Resilience gained through the painful post-global financial crisis restructuring has helped Portugal’s banks emerge from the pandemic with stable capital ratios, improved asset quality and ample liquidity.

Turkey’s banks are coping well with the financial, digital, economic and geopolitical risks confronting them

Sustainable finance and digitalisation helping to keep Turkey’s bankers positive

Last year was the most profitable year on record for Romanian banks, but this year is set to be different.

The continent’s transition away from fossil fuels is fraught with difficulty, not least if the overall aim is both a cleaner and fairer future. 

Cyprus’s finance minister talks to The Banker about how the country’s economy has coped during the pandemic and the recovery ahead.