Bankers’ Alert: Why conventionalism fuels threat of reigniting crisis 

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Bankers’ Alert: Why conventionalism fuels...
 © BusinessMail 2017
By Rennos Ioannides*

The level of accumulated non-performing loans (NPLs) along with the other challenges facing banks are so critical that they make local banks extremely vulnerable to any sort of downturn or adverse development. The risk of reigniting a 2013-like crisis cannot be completely overlooked.

It’s no wonder; these are worrying times for local banks which find themselves operating in truly hostile surroundings.

Banks do not have sufficient or, in certain cases, expert enough resource capacity to deal with, and subsequently manage, the NPL avalanche arising from the sheer...


Bankers’ Alert: Why conventionalism fuels threat of reigniting crisis 


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