Portfolios of bad loans to grow
)According to ZF.ro, portfolios of bad loans will continue to grow strongly in Romania and Bulgaria, because the two countries have lagged behind the countries in this region in terms of recovery from economic recession, according to an analysis of the financial group Deutsche Bank.
General Growth Properties Inc., the second-largest US mall owner, refinanced $814 million of mortgage loans and retired a $58-million bond to try to stave off bankruptcy.