UPDATE 2-ECB’s new provision rules may cover all bad debt, not just newly soured loans -source
14 Jan UPDATE 2-ECB’s new provision rules may cover all bad debt, not just newly soured loans -source
Posted at 11:16h
in
News
by KMFSLLP
All banks supervised by the European
Central Bank (ECB) will be given a target date to fully
provision for their bad debt in line with how they must treat
newly soured loans, a source familiar with the situation said on
Tuesday.
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