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Bottoming out

Category: ABS NPLs

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EU NPL ratios improve

Despite the significant decline in economic activity since the coronavirus outbreak, European banks are not at this point facing an asset-quality shock, according to the latest analysis. Non-performing loan ratios have improved and, indeed, they are expected to bottom out in 2021.

According to Scope Ratings estimates and EBA data, the EU NPL ratio declined from around 3% to approximately 2.5%

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