The European Banking Federation (EBF) reiterated on Friday 28 May the willingness of European banks, which have so far weathered the Covid-19 economic crisis well, to continue to support economic recovery by continuing to finance businesses and households.
To achieve this, the banking industry is calling for the following “prudential decisions”: - increasing the net present value threshold for debt restructuring from 1 to 5%; - the postponement and revision of the standardised approach...