bank
End of June application deadline for bank repayment break – BPFI
Bank customers who require a break from repaying their mortgages or loans because of the impact the Covid-19 crisis is having on their finances will have to apply for one by 30 June, the Banking and Payments Federation Ireland has said. The BPFI said the deadline has been set by the European Banking Authority. As […]
Read MoreEU sets out ‘quick fixes’ to boost bank lending during pandemic
Banks should rein in bonuses to boost their capacity to help businesses and households hit by the coronavirus crisis, the European Union’s executive said today. The European Commission set out a fresh package of temporary “quick fixes” offering capital relief that would support extra lending potentially worth up to €450 billion to companies struggling as […]
Read MoreEurope’s banks brace for bad debt build up from coronavirus crisis
Europe’s banks are expected to have to set aside billions for potential loan losses as well as take profit hits because of the coronavirus crisis when they start reporting results over the next two weeks. The region’s banks were already under pressure before the crisis with high costs, low returns, and demands to fix outdated […]
Read MoreEurope’s banks brace for bad debt build up from coronavirus crisis
Europe’s banks are expected to have to set aside billions for potential loan losses as well as take profit hits because of the coronavirus crisis when they start reporting results over the next two weeks. The region’s banks were already under pressure before the crisis with high costs, low returns, and demands to fix outdated […]
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