European banks have much room for improvement with regard to their assessment of the environmental credit risk of projects for which potential clients are seeking funding, says a leading investment company. The study of 10 Western European banks by investment company ISIS Asset Management was designed to benchmark the environmental credit risk assessment (ECRA) procedures of banks...The leaders are Barclays, Credit Suisse Group and Lloyds TSB. Behind them the chasing pack are HSBC, ING Group, Royal Bank of Scotland and Standard Chartered. Finally, the starting grid plays host to Santander Central Hispano, Société Générale and UniCredito Italiano.