Category: Andria Koukounis

Safeguarding against the cliff effect in NPLs amidst the pandemic

Safeguarding against the cliff effect in NPLs amidst the pandemic The current state of affairs In Cyprus, the unconditional loan instalment payment moratorium ended three weeks ago leaving: (a) just over half of the market’s borrowers, who as per the European Banking Authority’s (EBA) published data had not applied for a payment holiday within the … Continue reading “Safeguarding against the cliff effect in NPLs amidst the pandemic”

Customised vs “packaged” loan restructurings

Customised vs “packaged” loan restructurings Two reports issued last week reveal the importance of meaningful loan restructurings, which will assist viable, yet distressed, businesses achieve their revival through their own financial / operational restructuring. The European Banking Authority (EBA) published its Risk Dashboard from data received by 130 EU banks in relation to Q4 2020, … Continue reading “Customised vs “packaged” loan restructurings”