Foreign Currency Borrowers - From Yesterday's Dream To Today's Nightmare

06.20.2011 By Ciprian Botea

Clients with high incomes, wooed by bankers during the boom years with high foreign currency loans and installments as high as three quarters of their salaries at times, are now giving bankers the biggest headache. The leu's depreciation, especially against the Swiss franc, is stifling these clients, who are having more and more trouble repaying their loans.

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Keywords:: BANKS; , LOANS; , SWISS FRANC; , FOREX

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