CESEE: Number of NPL Declining

Politics ♦ Published: January 14, 2014; 15:16 ♦ (Vindobona)

According to a study by Bank Austria, the number of bad loans is declining in Central and Eastern Europe.

CESEE: Number of NPL Declining / Picture: © Vindobona.org

UniCredit’s affiliate Bank Austria has high hopes for a soon economic recovery and an increasing demand in loans. Banks in some countries in the region have been struggling with the decreasing number of loans but increasing costs. However, according to the bank’s study published on Tuesday, the granting of loans will increase as enterprises start investing with an improved economic…

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