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Events - Credits Not Serviced

Corporate Finance - Financial Stability - Credits Not Serviced

main_category cluster_event  Subevent  definition  English example  German example 
Corporate Finance Financial Stability Credits Not Serviced An event describing a country or a company that has not repaid a loan or has violated the terms of a loan agreement, and has, therefore, lost credibility to be eligible for new loans in the future. Arabtec breached banking covenants at the end of last year. Hundert-tausende Bankkunden können ihre Kredite nicht mehr bedienen.