ECB temporarily relaxes NPL regulation

ecb-frankfurt-1

The European Central Bank announced measures today (March 20) to lower regulatory requirements in the treatment of new non-performing loans under public guarantee during the Covid-19 crisis.

The ECB will allow banks to resort to guarantees and moratoriums offered by authorities to tackle the crisis. Specifically, “loans which become non-performing and are under public guarantees will benefit from preferential prudential treatment in terms of supervisory expectations about loss provisioning,”

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking 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: