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245 months ago

John (a guest user) asked this question:

Language pair:

Italian > English

Subject:

Business / Marketing / Financial

Level of diffculty:

Easy / medium

Word or term in question:

sofferenze bancarie

Context:

form of credit that banks in c

Keywords:

-

 

 

The answer of   See profile was rated best

Overdue bank loans /drafts /accounts

My comment:

sofferenza means overdue
It could be a loan, a draft a cheque.
Banks in China are forced to finance state owned companies even if their accounts are overdue. But for sure some form of guarantee must be provided by the government.