Central Bank Displeased With Loan Rescheduling Outcome

09.24.2012 By Claudia Medrega

Loan rescheduling for individuals who are late on their installment payments has not been “satisfactory’ in terms of results, according to Romania’s central bank, as the share of rescheduled loans for individual and corporate clients rose to almost 10% in total loans, at the end of 2011, from 6.5% in 2010.

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Keywords:
CENTRAL BANK
, LOAN RESCHEDULING
, BANK
, CLIENTS