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European banks may choose pre-insolvency proceedings over NPL sales, says TMA panel

By Tom Rhys Davies

27 February 2017

European banks may choose pre-insolvency proceedings over NPL sales, says TMA panel The view from St Stephen's Cathedral, Vienna iStockphoto.com/bluejayphotos

The EU’s proposed pre-insolvency regime may deter the sale of distressed loans, even at a time when potential buyers have access to “unlimited funds”, argued panellists at TMA Europe’s East European Conference last week.