ECB relaxes timeline for NPL flow, in line with CRR

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By Jasper Cox
22 Aug 2019

The European Central Bank is giving banks more time to provision for recently classified non-performing exposures, bringing its expectations into line with the EU’s new Capital Requirements Regulation.

The ECB said on Thursday that it was changing the treatment of non-performing loans that had been specified in its addendum last spring. This applies to NPLs that were classified as such from April 2018 — that is, the new “flow” of NPLs rather than the existing ...

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