10 Mar 2011 13:30

Bank Vozrozhdenie hopes to have 1 bln rubles in delinquent loans for 2011

MOSCOW. March 10 (Interfax) - Bank Vozrozhdenie hopes to have 1 billion rubles in delinquent loans this year, the deputy chairperson of the bank's managing board, Lyudmila Goncharova, said at a press conference at Interfax on Thursday.

"We are planning on 1 billion rubles this year, which is a realistic return to the delinquent loan level," she said, adding that provisions for possible loan losses would be restored.