Bank of Estonia: write-offs on loans might exceed operating revenue of banks
Archived Articles 06 May 2009  EWR
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Juhan Tere, BC

Äripäev Online: although many of the write-offs for covering of losses on loans have been made already write-offs on loans will probably affect the profitability of the banks throughout the year of 2009 in the context of weak economic outlooks, and might on some occasions exceed the banks' operating revenue, commented the Bank of Estonia, according to LETA.

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