About: non-performing loans

Banking union 11-12-2020

Pandemic cuts bank profitability to record lows

European banks face major losses from bad loans and other costs caused by the COVID-19 pandemic, and their profitability is at record low levels, the European Banking Authority warned in a report published on Friday (11 December).
Banking union 18-12-2018

EU lawmakers agree on a backstop for non-performing loans

European banks will have to foresee a "prudential backstop" to cover for potential non-performing loans (NPLs), the European Parliament and the Council agreed on Tuesday (18 December).
Banking union 06-12-2018

Italian Enria to lead EU’s bank watchdog

The head of the European Banking Authority, Andrea Enria, will become the Single Supervisory Mechanism chief in charge of overseeing Europe’s largest banks. The Council endorsed his nomination on Thursday (6 December), concluding the process after the European Parliament also gave its green light.
Banking union 14-03-2018

EU requests more capital to banks to cover for ‘bad loans’

The European Commission on Wednesday (14 March) proposed new measures requesting banks to raise more capital against loans turning ‘toxic’ and to develop a European market to sell ‘bad loans’ weighing down their books.
Future EU 23-02-2016

Brexit and the ongoing saga of the EU

What has emerged in the last two years is a European Union where member states pay attention to European regulations only when it suits them, and an EU leadership that does nothing about it, writes George Friedman.