Isarescu: Volksbank Was A Troubled Bank; Shareholders Had To Sell It With A Discount

02.09.2015 By Gabriela Stan

Volksbank Romania was a bank with problems, from management to risk issues, with strong involvement in foreign currency loans, so that shareholders’ solution was to sell it with a discount, in order "to recover something", governor Mugur Isarescu stated Monday.

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VOLKSBANK
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