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Bad loans, low profitability main risks to EU banks: regulator

But EBA also says banks have strengthened capital positions, allowing them to continue repair process

Published Sun, Dec 4, 2016 · 09:50 PM
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London

THE greatest risks facing the European Union banks are high levels of bad loans and lower profitability, the bloc's financial regulator said in a report on Friday.

The European Banking Authority (EBA) said that while the EU-wide lenders had strengthened their capital buffers, technology-related risks were increasing amid lingering litigation concerns.

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