Wednesday, June 17, 2015
Dutch Banks Have Fifty-Five Billion Euros’ Worth of Problematic Loans
The auditing firm PwC has found that the Dutch banking sector has fifty-five billion euros’ worth of problematic loans on the books. Of these non-performing loans, four billion euros’ worth are held by the six largest Dutch banks. The banks have created a provision of 48% on these loans and are trying to sell these loans at reduced prices.
Posted by Bad News Blogger at 12:36 PM