European flags

Bottoming out

Category: ABS NPLs


Previous Story       Next Story

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%

Already registered?

Not yet registered? Join today to access SCI Content.

-
x