Emerging Europe the new hunting ground for bad loan investors


WARSAW: Central and eastern European countries are turning up the pressure on banks to clean up their balance sheets, creating new opportunities for bad loan investors that are seeing returns dwindle in recovering eurozone economies.

Keen to bolster fragile economic growth, countries such as Hungary, Poland and Romania are following the lead of their western neighbours and urging banks to sell off bad debts so they can lend more to businesses.

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Business , Europe , banking

   

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