Banks' sales of non-performing loans at less than 1 bln euro in 2017, half 2016 figure

Romania-based banks last year sold non-performing of loans worth less than one billion euro, almost half the amount registered in 2016, shows data presented on Wednesday in a press conference by Radu Dumitrescu, Partner, Deloitte Romania's Transactions support department."2016 was a record breaker, with sales of non-performing loans worth 2 billion euro. The bad loans balance is on downward trend and the sector of such loans is shrinking as a result of bad loans ...

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