Low profitability and NPLs remain top of the eurozone supervisory agenda
Danièle Nouy presents annual report at European parliament
The European Central Bank (ECB) published its annual report on supervision today (March 22). Non-performing loans and the low profitability of eurozone banks are currently its main concerns, the chair of the supervisory board told members of the European parliament (MEPs).
Eurozone banks' profitability "partly recovered in 2015 from very low levels", said Danièle Nouy, with average returns on equity of 4.6%, compared with 2.8% in 2014. These improvements were partly due to lower credit losses in
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