BCR: Loans Restructured Three Or Four Times Triggered 3Q Loss

11.04.2011 By Ciprian Botea

BCR, the largest bank on the Romanian market by assets, wrote off as losses several big-value loans granted to companies with financial problems, which were restructured several times during the crisis, but ultimately defaulted, prompting the bank to record losses in 3Q.

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Keywords:: BCR; , LOANS; , DEFAULT; , RESTRUCTURE

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