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The European Commission has backed the European Parliament’s proposals to water down new rules on banks holding non-performing loans (NPLs).
The industry group tasked with devising a method to help lenders identify overvaluation in the UK property market has announced plans for the publication of a quarterly metric.
Non-performing loan sales in Portugal look set to ramp up to almost €2 billion in 2017, according to the latest research from consultancy firm Prime Yield, which is based in the country.
The Bank of England says it supports lower capital requirements for investors in high quality securitisations.