With new stress test looming, strong NPL laws key for banks

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With new stress test looming, strong NPL laws...
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By Stelios Orphanides

The finance ministry and the Central Bank of Cyprus (CBC) warned lawmakers on Monday that possible changes rendering the proposed draft bills on the management of non-performing loans less effective could negatively affect Cypriot lenders in the upcoming stress tests, the Cyprus News Agency (CNA) reported.

As political parties maintained their reservations over the bills approved by the cabinet last week, the outcome of the vote appears to be depending on Estia, a scheme designed to help vulnerable households and corporations...


This article was automatically added to our system 2-7-2018

With new stress test looming, strong NPL laws key for banks


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Article Tags: stress, looming, strong, banks,