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Southern Europe: sharp increase in the cost of risk

6/12/2020

The cost of risk of southern European banks sharply increased in the first quarter of 2020. The forward-looking approach followed by the impairment model for financial assets introduced by IFRS9 explains, to a large extent, the magnitude of the phenomena.

Thomas HUMBLOT

TRANSCRIPT // Southern Europe: sharp increase in the cost of risk : June 2020

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