On 15 January 2019, the European Banking Authority (EBA) published a letter from the European Commission’s Director General of FISMA, regarding a Call for Advice to the EBA to gather data for a benchmarking of national loan enforcement frameworks from a bank creditor perspective. The Call for Advice to the EBA has also been published. The European Commission is seeking technical advice from the EBA to collect data on the recovery rate and speed which banks experience in practice when trying to enforce non-performing loans in EU Member States. The Commission requests the EBA deliver a preliminary analysis of data collected by 30 June 2019, with a final analysis to be delivered by 31 December 2019.
