Banks in EU periphery lose most on soured loans

Irish, Spanish, Italian banks also have to wait longest to recover loaned funds to borrowers in default

Banks in Cyprus, Greece, Ireland and Italy recover less from defaulted borrowers and have to wait longer for recompense than the average European Union lender.

The European Banking Authority (EBA) published country-by-country and EU-wide benchmarks for loan recovery rates – the amount collected from counterparties after they’ve welched on repayments – as well as the time to recovery and judicial cost to recovery, in a new report. Benchmarks were drawn up for six borrower categories: corporate

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net 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