ecb press_conference, 2011-01-13
We were at the maximum level of provisioning, so we thought it was time to increase the capital in order to enable us to continue to make the appropriate provisioning in view of the increased volatility of foreign exchange rates, the interest rate risk that we - and all central banks of the world - have, the increased volatility of the gold price and all kinds of risks, including credit risk, that we might have.
Sentiment: neutral
Topic: financial_stability