News
23.07.2009
Platinum Bank Has Come Back to its Precrisis Period of Loan money disbursed to the Client by the Bank for a certain period and on terms as specified in the agreement. Loan Portfolio Quality
Platinum Bank says that it has come back to its precrisis period of mortgage loan money disbursed to the Client by the Bank for a certain period and on terms as specified in the agreement. Loan portfolio quality. It was March 2009 that became the peak period for delinquencies for mortgage loans this being caused by acute fluctuation in the rate of exchange. Thanks to work-out tools developed in December 2008, the delinquency indicator (30+ days) for Q2’2009 improved by 61% as compared with Q1and came back to the precrisis period level.
For more detail, see press-release.
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