Банкеръ Weekly

Briefs

BIOCHIM TO SELL PLAMA'S DEBT?

If BIOCHIM's managers succeed in selling the overdue receivables from the Pleven-based oil-refinery Nova Plama, the profit of the credit institution at end of 2001 will exceed BGL25MN. The liability's nominal size is about USD67MN and is entirely provided for by the bank. It is guaranteed by a...
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