EU banks slash €32 billion soured loans in Q3
Italian, Greek and Spanish banks cut most toxic loans
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
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