Precise Investors

Tuesday, December 7, 2021
Latest News

Banks considering ways to shift troubled loans off balance sheets as ECB pressure mounts

Ireland’s main banks are considering new ways to shift loans in trouble off their balance sheets as they face mounting pressure from the European Central Bank to deal with trickier mortgages almost a decade after the financial crisis began.

Some of the banks are weighing setting up special purpose vehicles (SPVs) that would house bundles of non-performing loans (NPLs), according to sources. They would need to sell a majority stake in the vehicles to outside investors, possibly including overseas private equity firms, to be able to reclassify the loans as no longer being on their books.


The articles are for information purposes only and Precise Investors shall not be held responsible for any errors, omissions or inaccuracies within it. Any rules or regulations mentioned within the website are those relevant at the time of publication and may not be the most up-to-date.

Precise Investors does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this website, or losses or damage you may incur doing so.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Please remember that investments of any type may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

Leave a Reply