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BRIEF-‍Fitch says pressure builds on Eurozone banks to tackle high NPLs​
June 29, 2017 / 11:45 AM / 5 months ago

BRIEF-‍Fitch says pressure builds on Eurozone banks to tackle high NPLs​

June 29 (Reuters) - Fitch:

* Says pressure builds on eurozone banks to tackle high NPLs​

* Fitch says ‍Eurozone banks under increasing pressure to reduce high stocks of NPLs after Italy’s Veneto Banca, Banca Popolare Di Vicenza put into liquidation

* Fitch says ‍if large NPL securitisations are launched in next month or so, expect to see other banks taking securitisation route to reduce NPL stock​

* Fitch says ‍believe treatment of troubled banks will be clearer once EU’s minimum requirement for own funds and eligible liabilities (MREL) is in place​ Source text for Eikon:

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