The Central Bank (BDL) has authorized banks to continue using real estate guarantees to mitigate credit risks of non-performing loans.
The authorization has been extended for an interim period ending on December 31, 2018, according to BDL's intermediate circular 12,277. Deadline had been set in a former circular at year end 2015.
The real estate guarantees are part of the credit risk mitigation techniques that banks were allowed to use according to a BDL decision made in 2006 in c...
Article details
The authorization has been extended for an interim period ending on December 31, 2018, according to BDL's intermediate circular 12,277. Deadline had been set in a former circular at year end 2015.
The real estate guarantees are part of the credit risk mitigation techniques that banks were allowed to use according to a BDL decision made in 2006 in c...
Article details
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