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 Mason Baxter: Euro Banks to Allocate More Funds to Cover Bad Debt- Mason Baxter: Euro Banks to Allocate More Funds to Cover Bad Debt
- October 09, 2017
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Mason Baxter: ECB to come up with new strategies to tackle existing bad debt in Europe.
As of 2018, the European Central Bank will request that euro zone financial institutions allocate more funds to cover bad debt.
Analysts at Shanghai, China based investment house, Mason Baxter say that the ECB may propose the introduction of further measures aimed at tackling the banking sector’s significant quantity of bad debt.
Bad loans are negatively affecting bank balance sheets and lending is suffering as a result. Weak credit growth presents an issue for the European Central Bank ...
- View more at: https://www.1888pressrelease.com/mason-baxter-euro-banks-to-allocate-more-funds-to-cover-bad-pr-622920.html
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