| Lithuania's banking system remains fragile: the majority of banks are undercapitalised and still hold a large amount of non-performing loans. |
| Moreover, the largest banks, which are still state owned, are burdened by bad debts and are undercapitalised. |
| He said railway firms were undercapitalised and it was expensive for governments to run these companies. |
| The central deficits are in the distribution and marketing of our films and, of course, the industry is chronically undercapitalised. |
| Banks, undercapitalised and bruised, lack the financial strength to play an active role in corporate governance. |
| European enterprises are in general extremely undercapitalised, and over-dependent on bank loans for their financing. |
