In January and February 2014, the number of non performing loans increased substantially by CNY 60 billion in Foshan and Guangzhou, China Construction Bank, with Industrial and Commercial Bank of China, China Merchants Bank and China CITIC Bank reporting a higher amount of bad loans.
The newly added non performing loans mostly came from the metal manufacturing sector, including the iron, aluminum, and steel industries and metal trading firms.
Given the increase in the number of non performing loans, banks have become stricter in extending loans.
Non performing loans have been hurting small and medium sized banks more because their spreads were lower, he said.
Then in October 2009, FSV benefit was extended to industrial property (excluding plant & machinery) in addition to already available benefit on pledged stock and mortgaged residential & commercial properties, held as collateral against Non Performing Loans (NPLs).
GE confirms its commitment to the Non Performing Loans
sectors in Italy by acquiring, through its subsidiaries GE Real Estate Italla and GE Corporate Financial Services("GE"), and in partnership with Pirelli RE/Calyon, a portfolio of non-performing loans originated by Banca Antonveneta and Interbanca.
The decrease in this provision reflects the progress made in decreasing the amount of non performing loans
and the increased level of loan loss reserve to 48.
Banks in Indonesia have reported rising non performing loans.
Indonesia's conventional and Islamic banks reported an increase in non performing loans (NPL) in the first seven months of this year.
Malaysia-based CIMB has sold non performing loans
(NPL) to South Africa-based Standard Bank.