BAD BANK
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Banks-Insurance
Bridge Bank Procedures Almost Ready
The Romanian central bank's plan for coping with problems in the banking sector is almost ready. The measures go from the transfer of assets from ailing banks to healthy banks, up to the setting up of the so-called bridge bank, which should ensure the continua...
Banks-Insurance
IMF Suggested Creating A "Bad Bank" But BNR Refused
Back when the previous stand-by arrangement was in place, IMF experts proposed the creation of a bad bank, which would manage ailing assets in the form of non-performing loans in the banking...