Raiffeisen Bank: Lenders Reluctant To Finance SMEs Because Collateral Is Worthless

03.07.2013 By Florentina Dragu

Romanian banks cannot afford the risk to finance small and medium-sized companies, because collateral values depreciate very quickly in case of insolvency, the head of Raiffeisen Bank Romania said Thursday.

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Keywords:
VAN GRONINGEN
, RAIFFEISEN BANK
, SMES