More than 360 billion euros ($425 billion) of loans at Europe's biggest banks have been subject to payment breaks or other coronavirus relief measures but the big question is whether borrowers will be able to resume payments when support ends.
PARIS - More than 360 billion euros of loans at Europe’s biggest banks have been subject to payment breaks or other coronavirus relief measures but the big question is whether borrowers will be able to resume payments when support ends.
But determining what proportion of loans might go bad when relief measures end, and in turn the degree to which banks’ will suffer losses, is not straightforward. “You don’t know if the volumes of loans under moratoria is a signal of financial difficulties,” he said. However, borrowers who opt not to extend payment holidays are those likely to be in a stronger financial position.
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