Laggard banks show 'worrisomely high' bad loan levels, says EBA

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Laggard banks show 'worrisomely high' bad loan levels, says EBA

Enria

The bottom quartile of European banks present “worrisomely high levels” of impaired and overdue loans, the European Banking Authority said this week. The ratio of these loans to total loans is 16% for the bottom quartile, while across the whole banking system it is 6.8%.

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