Supervisor sounds the alarm as politicians meet to discuss NPLs

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Supervisor sounds the alarm as politicians meet...
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By Stelios Orphanides

Almost five years after the bail-in, President Nicos Anastasiades is scheduled to meet the leaders of the political parties on Thursday to discuss ways of reducing non-performing loans amid increasingly dramatic supervisory appeals for action, a slowdown in loan restructurings and a labour dispute storm brewing over Bank of Cyprus.

“The amount of the delinquent (loan) portfolio of banks, their profitability and their business model in general in conjunction with supervisory regulations and requirements outline the major challenges the banking...


This article was automatically added to our system 12-3-2018

Supervisor sounds the alarm as politicians meet to discuss NPLs


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