AMC

Asset Management Company.

EBA puts case for mammoth AMC

"[The EBA] has put the case for a mammoth asset management entity under EU management to take on up to a quarter of the EU's non-performing loans (NPLs).

'The target is to move €200bn to €250bn of NPLs to the AMC.'"

The Treasurer magazine, March 2017 p9 - Andria Enria, head of the European Banking Authority and Klaus Regling, head of the European Stability Mechanism.

See also

• Assets Under Management
• European Banking Authority
• European Stability Mechanism
• Non-performing loan