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Nordic bank SPVs start work on bad Baltic loans

Author: Duncan Wood

Source: Risk magazine | 15 Dec 2009

Categories: Credit Risk

Topics: Estonia, Latvia, Lithuania, Swedbank, Distressed debt, Skandinaviska Enskilda Banken, Special purpose vehicles (SPV)

Nordic banks are beginning the long process of tidying up their bad Baltic property loans, with all four of the most exposed institutions creating special...

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