First published on
07 January 2019 (last update on: 6 June 2019)
AuthorTopics

In their 7 January 2019 call for Advice the Commission services requested from the European Banking Authority (EBA) to collect data on the recovery rate and speed which banks experience when trying to enforce NPLs in Member States.

The request was made as part of the Commission's ongoing work on the benchmarking of national loan enforcement frameworks (including insolvency frameworks) from a bank creditor perspective.

In its 5 March response the EBA proposed the extension of the requested deadline to December 2019 for the collection and preliminary analysis of the data and to July 2020 for the delivery and complete analysis of the report.

In May 2019 the Commission accepted the revised timeline.

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