non-performing loan
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Banks-Insurance
BCR Getting Ready To Sell Up To EUR1.5B Worth Of NPLs In One Go
BCR, the largest bank in Romania, is getting ready to sell non-performing loans of EUR1 billion to EUR1.5 billion, the highest amount so far, a move that is bound to draw a lot of attention.
Banks-Insurance
Volksbank Sells EUR460M Worth Of NPLs, 28% Of Which Generated By Romania
Austria's Volksbank group has put up for sale a portfolio of commercial real estate assets and non-performing corporate loans with a nominal value of EUR460 million, more than one quarter of...
Banks-Insurance
Non-Performing Retail Loans Cause Banks EUR2B Losses
A total of 9 billion lei (EUR2 billion) worth of retail loans were more than 90 days overdue at the end of February, written off by banks because chances of recovery were slim to none. Such...