EU banks cut toxic loans, but pace of improvement slowing

Most European Union banks reduced their ratio of non-performing loans (NPLs) to total exposures over the year to end-June, data from the EU-wide transparency exercise shows, with those domiciled in countries hardest hit by the eurozone crisis improving the most.

In aggregate, the EU-wide NPL ratio shrunk to 3% at end-June, down from 3.6% a year earlier.

Cypriot banks disclosed the biggest cut to their aggregate NPL ratio, which fell by almost 13 percentage points to 21.5% over the period. 

 

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: