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What RBS Has For Sale In Romania And Why Investors Are Not Rushing In To Buy
07.12.2011
It has long been known that UK’s RBS is not interested in doing business in Romania and it seeks to sell its local portfolio, or rather what is left of it. In fact, the UK parent bank itself is awaiting an investor that would rid it of its status as a large nationalized lender, in order to avoid bankruptcy. Unlike the local subsidiary, which has boosted its profits even in times of crisis, the group is still struggling with losses.
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