Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Thursday 26 June 2025
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

Sharon Donnery

ECB plans tougher rules to slash bad loan risk

Themuslimchronicle, themuslimchronicleECB plans tougher rules to slash bad loan risk278217/243
Frankfurt am Main - Muslimchronicle
The European Central Bank plans to toughen rules on how eurozone banks deal with the mountain of bad loans still burdening the sector, officials said Wednesday. Supervisors at the ECB, which took over as top regulator in the single currency area in 2014, want lenders to set aside cash to cover loans in default two years after they are identified,Read more

ECB allows banks to manage down mountain of soured credit

Themuslimchronicle, themuslimchronicleECB allows banks to manage down mountain of soured credit204671/243
Frankfurt - Arab Today
Euro zone banks will get to set their own targets for cutting the 900 billion euros of bad loans left over from the financial crisis, facing sanctions only if they fall way short of the mark, new guidance by the European Central Bank showed on Monday. Banks in weak economies such as Greece, Portugal and Italy are still struggling underRead more

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