EBU Single Rulebook Q&A 11 November 2022 2022_6633 Minimum loss coverage for non-performing exposures under Article 469a

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European Union · · · 22-03-2024

In case a default occurred on a debt obligation originated before 26 April 2019, and if the originating bank grants the defaulted obligor a forbearance measure in the form of a partial refinancing of a debt obligation to cover past due payments on the original debt obligation and thus effectively increases the bank’s total exposure towards the obligor, will the original debt obligation, which has

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