Banks to bring forward bad loans as ECB brandishes provisions
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Banks to bring forward bad loans as ECB brandishes provisions

Danielle Nouy SSM ECB

Banks are trying to digest the implications of a new move by the European Central Bank, which would set a deadline by which new non-performing loans should be fully written off. This could spark a rush to declare NPLs before the end of this year, write Owen Sanderson and Jon Hay.

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