EU banks slash €32 billion soured loans in Q3

The average ratio of non-performing loans across European banks stood at 3.4% in the third quarter of 2018  – its lowest level since the European Banking Authority (EBA) started publishing the data in 2014. 

Figures from the watchdog's most recent Risk Dashboard show the amount of soured loans across the region fell €32 billion ($37 billion) to €714 billion over the three months to end-September. Over the same period, outstanding loans and advances across the continent increased €124 billion to

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