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They have more capital.
Given that its households are saving again, it will have more capital to provide.
Banks have more capital and rely less on fickle wholesale funding than their European peers.
"We now have more capital than we anticipated," he said in an interview.
Mr. Schraa contended that a great deal had changed since the financial crisis – and that banks now have more capital.
If banks have taken on so much more risk, both visibly and invisibly, they should have more capital.
If banks have more capital, they have a greater capacity to survive negative shocks, like slumps in real-estate prices.
Until the banks have more capital, forcing them to admit to losses would be problematic, to put it mildly.
It will mean, over the cycle, that they will have more capital on average and thus lower profits.
For now, America's smaller banks have more capital, make more on their assets and have fewer problem loans.
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A small country like Luxembourg has much less capital in total than India, but Luxembourg has more capital per worker.
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