KM Financial Solutions | UPDATE 2-ECB’s new provision rules may cover all bad debt, not just newly soured loans -source
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UPDATE 2-ECB’s new provision rules may cover all bad debt, not just newly soured loans -source

UPDATE 2-ECB’s new provision rules may cover all bad debt, not just newly soured loans -source

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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