UPDATE 2-EU tells banks to be flexible over loan losses rule in epidemic
Banks in the European Union
have the flexibility to avoid a huge rise in provisioning for
temporary non-payment of loans during the coronavirus outbreak,
EU banking and securities watchdogs said on Wednesday.
have the flexibility to avoid a huge rise in provisioning for
temporary non-payment of loans during the coronavirus outbreak,
EU banking and securities watchdogs said on Wednesday.
Posted by Reuters
