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70 Colorado banks have high rate of bad loans (access required)

by admin

Published: March 19,2010

Time posted: 8:29 am

Tags: Banking & Finance, loans, recession

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A bank research firm says the number of Colorado financial institutions with high levels of delinquent loans has jumped from 13 three years ago to 70 today. About 36 percent of the 195 Colorado banks that Bauer Financial Inc. firm tracks have high levels of bad loans, meaning the banks' nonperforming loans are 3 percent or ...





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