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NBG sees rise in provisions for bad loans in 2009

23 February 09 - RE+D Magazine
NBG sees rise in provisions for bad loans in 2009

COMPANIES

PEOPLE

The country's largest lender by market capitalisation, National Bank of Greece expects to implement a 50-70% rise in provisions for bad loans in 2009, the bank's chairman and CEO, Takis Arapoglou, told a newspaper.

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