Friday May 29, 2020

Banking: Banking body to standardise asset and loss calculations

The EBA is preparing to develop harmonised definitions for forbearance and non-performing assets across all European banks.

30th March, 2013

The European Banking Authority (EBA), which coordinates banking supervision at EU level, is preparing to develop harmonised definitions for forbearance and non-performing assets across all European banks to improve the accuracy of stress tests and to better identify risks to financial stability.

The agency has opened a consultation process seeking input on definitions and reporting templates, which it will assess in late June before finalising new standards in the third quarter.

The development comes after...

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