The skyline with its financial district and the headquarters of the European Central Bank (ECB) are photographed in the early evening in Frankfurt, Germany, December 4, 2018. REUTERS/Kai Pfaffenbach
January 15, 2019
(Reuters) – All the banks under the European Central Bank’s oversight will receive a target date by when they will have to fully cover their stock of impaired loans, a source familiar with the situation said on Tuesday.
The target date will be over the medium term and differ from lender to lender, the source said.
(Writing by Francesca Landini, editing by Silvia Aloisi)