European bank loans to large losses of Britain's most injury

Management consulting firm Oliver Wyman and credit management services group Intrum Justitia study released Monday showed that the Department of the European Bank for the next three years in the consumer credit and mortgage business losses are expected to 120,000,000,000 euros (about 190,000,000,000 U.S. dollars), of which hit The most serious is that Britain, Spain and Ireland. Reuters, reported that the banking industry in Europe this year, consumer credit and mortgage business losses will be 34,700,000,000 euros, is expected next year amounted to 42,500,000,000 euros, representing a 35% higher than in 2007. Oliver Wyman partner Matthew Sebag-Montefiore said, "Despite the increased cost of financing and lack of liquidity of banks have been hit, but in view of some of the housing market slump, the general deterioration of the macroeconomic environment and rising inflation, we expect the entire European banking sector The overall retail credit losses will increase rapidly. " Bank of aggressive lending in the macroeconomic environment and the risk of rapid deterioration of the attack, Britain, Spain and Ireland will be the biggest victims.