EU loans under Covid moratoria have high credit risk – EBA

The share of European bank loans subject to Covid-induced payment holidays that have deteriorated in creditworthiness is twice that of total loans, data from the European Banking Authority (EBA) shows. This implies that borrowers currently subject to relief measures may struggle to honour their obligations when these expire.

The watchdog found that €871 billion ($1.03 trillion) of bank loans were granted EBA-compliant moratoria as of June 30. Exposures classified as ‘stage two’ under IFRS 9

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: