The European Banking Authority published a standardised data template today (December 15), in a bid to make it easier to evaluate and trade in non-performing loans.
European banks hold around €900 billion ($1.06 billion) in NPLs on its balance sheet, according to the International Monetary Fund.
One of the solutions put forward by the European institutions is the creation of a European-wide secondary market for these assets. This would allow banks to reduce their exposure to NPLs. However,