EBA's Enria seeks to plug the holes in EU bail-in rules
Struggling but solvent banks could delay the hit from NPLs under the plan
European authorities are contemplating the creation of an asset management company to help ease the burden of the more than €1 trillion in non-performing loans (NPLs) weighing down the banking sector.
The proposal would take the place of state aid where a bank is solvent, but struggling to meet its capital requirements, and it could help to inject more flexibility into measures to deal with such cases.
In a presentation at the European Stability Mechanism (ESM) in Luxembourg on January 30
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