FRANKFURT, Feb 8 (Reuters) - European Central Bank
supervisors will zero in on bad loans this year after finding
that some banks had set too little money aside or were slow in
recognising the problem, the ECB said on Wednesday.
Presenting its annual review of the sector, the ECB said it
had demanded more capital from 24 banks that "fell short of
(its) coverage expectations related to non-performing loans" and
that it had found "persisting risk control deficiencies,
particularly in the area of loan classification".
(Reporting By Francesco Canepa; Editing by Kevin Liffey)
004906975651247; Reuters Messaging:
francesco.canepa.thomsonreuters.com@reuters.net))
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