IMF Suggested Creating A "Bad Bank" But BNR Refused

03.29.2012 By Razvan Voican , Claudia Medrega

Back when the previous stand-by arrangement was in place, IMF experts proposed the creation of a bad bank, which would manage ailing assets in the form of non-performing loans in the banking system. The information is included in an IMF report which reviews the results of the arrangement signed with Romania in the spring of 2009.

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Keywords:
IMF
, BNR
, BAD BANK
, NPL