Banks should improve their early-stage client analysis and their monitoring of forborne exposures. They should also work towards ensuring they always grant the most appropriate and sustainable forbearance measures.

Read our Supervision Newsletter https://www.bankingsupervision.europa.eu/press/publications/newsletter/2023/html/ssm.nl230517_1.en.html?utm_source=ecb_twitter&utm_medium=social&utm_campaign=230517_basu_newsletter_may_2023&utm_term=Forbearance%3A+banks+need+to+gear+up

🐦🔗: https://n.respublicae.eu/ecb/status/1660549336428683266