Will European banks be able to benefit from IFRS 9 relief?

By Tyler Davies
06 May 2020

European lenders are debating whether it is worth them taking advantage of new IFRS 9 transitional rules, with some market participants suggesting they will largely ignore any capital benefit gained through these sorts of relief measures.

Banks have been encouraged to be pragmatic when setting aside provisions for loan losses during the Covid-19 coronavirus pandemic.   

European Union policymakers and regulators have already issued various statements concerning IFRS 9 accounting standards, in an effort to dull their impact on regulatory capital levels.

The most significant of ...

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