Banking Union: First Progress Report on the tackling of non-performing loans to support the risk-reduction agenda
The European Commission has welcomed the headway made in tackling non-performing loans (NPLs) in the EU as part of ongoing work at the national and EU level to reduce remaining risks in parts of the European banking sector. In its First Progress Report since the Finance Ministers agreed an Action Plan on reducing non-performing loans (NPLs), the Commission highlights the further improvement in NPL ratios and forthcoming measures to bring NPL stocks down further.http://europa.eu/rapid/press-release_IP-18-266_en.htm?locale=en
Category: Banking » EC Law. Keyword(s): Risk management. Area(s) of law: Banking.
Source: European Commission.