Dramatic Fall For Consumer Loans: 1.3 Million Contracts Erased In Crisis

09.28.2011 By Ciprian Botea

Nearly 1.3 million consumer loans were removed from banks’ balance sheets without being replaced by new ones since the end of 2008, when the crisis crept in and until August this year, according to data of the Credit Bureau, the institution that centralizes data on loans granted by banks and non-bank financial institutions (NBFIs).

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Keywords:: BANKS; , LOANS; , CONSUMER

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