ECB's Nouy says non-performing loans are affecting banks ability to fund the economy

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Central Banks

Ryan Littlestone

10/11/2015 | 10:34 GMT

SSM head Daniele Nouy via Reuters

NPL's are affecting banks profitability and their ability to fund the economy
Profitability also affected by ultra low rates
But low rates can be a benefit if they help generate growth

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