Portugal’s Novo Banco plans to halve bad loan ratio soon – chairman
Portugal’s Novo Banco,
controlled by U.S. private equity fund Lone Star, expects to
halve its non-performing loan ratio to 10% this year or next,
putting it on a par with domestic rivals, its chairman told
Reuters.
controlled by U.S. private equity fund Lone Star, expects to
halve its non-performing loan ratio to 10% this year or next,
putting it on a par with domestic rivals, its chairman told
Reuters.
Posted by Reuters
