SOCAR acquired the plant from Aqrarkredit non-bank credit organization [which also manages the troubled assets
of the International Bank of Azerbaijan], to which the plant was transferred by decision of the Azerbaijani Cabinet of Ministers as a debt to state organizations.
It added that Spanish banks would quickly dispose of troubled assets
, helping them to improve their asset quality.
Sberbank and Pravo.ru are launching the Bankro.TECH service, which will make it easier for creditors, banks, tax inspectors and other specialists to work with troubled assets
It will be taught by employees of Sberbank's Troubled Assets
NEW YORK: Citigroup posted better-than-expected quarterly income as losses on troubled assets
narrowed, but revenue declined in many of its major businesses and operating expenses remained stubbornly high.
RBS is to create the internal division to manage PS38billion of troubled assets
, avoiding a full split of the company.
Greek banks will have to isolate their troubled assets
from the rest to help build the trust of investors and depositors, put an end to doubts and make a fresh start.
Jeff Flake (R-Ariz.) is described as voting for the Troubled Assets
The government's hailed TARP program helped Mega Banks and Huge Corporations by buying their Troubled Assets
- this innovative program by BMS is designed to help the small to medium sized businesses of all industries by buying their troubled assets
(20) The legislation mandated audits of Treasury TARP programming, in which SIG TARP must list and estimate the total amount of troubled assets
purchased by the Treasury Department.
"Give a little credit to the strategy put forward by the government: keeping interest rates low and giving lenders some flexibility to hold these troubled assets
on their books for a while," Dan Fasulo, RCA's managing director, said.
But they said, don't worry about it because it's all backed up--get this one--by $50 billion in troubled assets
inherited from failed institutions.