NONPERFORMING LOANS
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Banks-Insurance
Romania’s SMEs Non-Performing Loans At 20% In 2011
Non-performing loans in the small and medium-sized enterprises SMEs sector rose from 2% at the burst of the financial crisis in October 2008 to almost 20% end-2011, according to the representatives of Romanian Counter-Guarantee Fund.
Banks-Insurance
Negritoiu, ING: Level Of Non-Performing Loans In Romania Too High
The level of non-performing loans in Romania, which hit 16% of total lending, is very high considering the low degree of indebtedness, ING Bank Romania manager Misu Negritoiu said Thursday a...