BNR At A Loss To Allow Banks To Write Off Bad Loans

09.09.2013 By Razvan Voican

Romania’s central bank still has its reservations when it comes to allowing banks to write off bad loans (completely erase the value of non-performing loans), because it doesn’t consider it wise to forgo any right over the respective debtors, which is what the write-off procedures entail.

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Keywords:: BNR; , bad loans; , write off; , banks

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