18:37, 17 April 2009 Page views 315 views

Overdue Credit Debt is Growing in Latvian Banks

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The number of credits with overdue debts in Latvian banks is going on rapidly growing.

Loans with payments’ delay of more than 30 days reached about 11% of the total credit portfolio. Thereby banks are forced to increase reserves which are amounted to 2.7% of credit portfolio.


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