DBRS: High NPL Banks in Europe: A Long Way to Go

DBRS Ratings Limited (DBRS) has today published a commentary titled “DBRS: High NPL Banks in Europe: A Long Way to Go”.

Summary highlights of the commentary include:

• DBRS expects that the current pace of NPL reduction for High NPL Banks (HNB) mean that it will take a long period of time to clean up their balance sheets.
• The ECB is retreating from publishing new measures to tackle the stock of NPLs.
• DBRS expects that NPL targets for High NPL Banks (HNB) will remain confidential for the moment.
• DBRS considers that without new measures that assist NPL reduction, HNBs will remain in Europe for some time.
This commentary is available at www.dbrs.com.