Reza Baqir (IMF): In two years Romania could reduce its NPL ratio below the average of the countries affected by the financial crisis
Thursday, June 16, 2016
In two years Romania could reduce its non-performing loans (NPL) ratio below the average of the countries affected by the financial crisis, although in the peak period it had a 22 percent ratio compared to 12 percent the average of other countries, head of the International Monetary Fund's mission to Romania Reza Baqir said on Wednesday. If we look at the period before T [the peak year in terms of bad loans' share], Romania saw a faster rise that went ...