ECB aims to vaccinate banks against bad debt plague – ValueWalk Premium

ECB aims to vaccinate banks against bad debt plague

The European Central Bank on Thursday presented new guidelines for how banks should treat bad debt, hoping to prevent a major post-crisis millstone from continuing to lame European lenders. Its scheme aims to stop new “non-performing loans” (NPLs) where the borrower has fallen behind on repayments sapping bank’s balance sheets in future. “High levels of NPLs…



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