Banks' non-performing loans increase in the euro area, decrease in the United States
Koskinen, Kimmo; Toivanen, Mervi (04.11.2013)
Numero
2
2013
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201408074836Tiivistelmä
Banks' financial results have recently been pronouncedly better in the United States than in the euro area. The difference is largely explained by weaker economic activity and strong increases in impairment losses in the euro area. Losses of banks in Southern European countries, in particular, have expanded significantly.