Credit Growth news and trends

Bad Debt In Europe Prompts ECB To Take Measures

October 05, 2017
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Bad Debt In Europe Prompts ECB To Take Measures

October 05, 2017
In response to mounting bad debt in the sector, the European Central Bank (ECB) will ask eurozone banks to put more cash aside to cover bad bank loans, according to a report in Reuters — and could request more measures to protect against it in the future. The bad loans are hurting banks’ balance sheets, resulting […]