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Severn Bancorp reduced non-performing assets 2013

28 January 2014 -- Maryland US-based bank holding company Severn Bancorp Inc (NASDAQ: SVBI) said that non-performing assets has been reduced to USD 20.007m or 2.5% of total assets as of December 31 2013 compared to USD 48.936m or 5.7% of total assets as of December 31 2012.

These assets are...  


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