ECB to give euro zone banks deadline for full coverage of bad loans: source
Reuters
Published Jan 15, 2019 04:28AM ET
ECB to give euro zone banks deadline for full coverage of bad loans: source
(Reuters) - All the banks under the European Central Bank's oversight will receive a target date by when they will have to fully cover their stock of impaired loans, a source familiar with the situation said on Tuesday.
The target date will be over the medium term and differ from lender to lender, the source said.
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Written By: Reuters
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