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Supervision of non-performing loans has improved, European Banking Authority says

( November 7, 2024, 16:57 GMT | Official Statement) -- MLex Summary: Competent authorities’ supervision of the management of non-performing exposures by credit institutions has improved, the European Banking Authority says in its report published today. The report shows that authorities have significantly improved their practices and are now fully or largely applying the specific provisions of the EBA guidelines on management of non-performing and forborne exposures. Today's report is a follow-up to the 2022 peer review report on the supervision of credit institutions' management of non-performing exposures. Press release follows. Report attached....

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