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KM Financial Solutions | UPDATE 1-EU banks to face bigger backstops for new bad loans- draft
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UPDATE 1-EU banks to face bigger backstops for new bad loans- draft

12 Mar UPDATE 1-EU banks to face bigger backstops for new bad loans- draft

Posted at 16:22h in News by
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BRUSSELS, March 13 (Reuters) – European Union banks will
have to set aside more capital against new loans that could turn
sour as of Wednesday, when the European Commission will publish
a proposal on larger backstops for bad debt, a draft document
showed.

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