Non Performing Loan

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Non Performing Loan

A loan in or near default. According to the International Monetary Fund, a non-performing loan is any loan in which: interest and principal payments are more than 90 days overdue; or more than 90 days' worth of interest has been refinanced, capitalized, or delayed by agreement; or payments are less than 90 days overdue but are no longer anticipated. Another definition of a non-performing loan is one in which the maturity date has passed but at least part of the loan is still outstanding. The specific definition is dependent upon the loan's particular terms.
References in periodicals archive ?
According to him, a major chunk of the non-performing assets in the industry can be tracked to rent seeking -behaviour.
At June 30, 2014, non-performing assets totaled $1.
Global Banking News-March 20, 2014--Islamic banks' non-performing assets increase in Bangladesh
6 per cent, respectively while, total non-performing assets declined by 4.
Generally, the motivation is to improve the balance sheet and increase earnings by reducing non-performing assets and loan losses.
3 million non-performing loan has since reduced non-performing assets to $16.
Global Banking News-December 31, 2013--Indian trade association says banks' non-performing assets could rise
As per provisional data received from the Reserve Bank of India (RBI), the Gross Non-Performing Assets (NPAs) of Public Sector Banks (PSBs) as on 30th June 2013 was Rs.
announced today changes to previously reported levels of non-performing assets.
the "Company") (NASDAQ/Global Select Market:WFBC), the holding company for Willow Financial Bank (the "Bank"), announced today that it has completed the sale of its two large non-performing assets.
Non-performing assets at the end of the quarter was USD442m, compared to USD436.
2 Million; Reports Record Profits for Full Year, moved yesterday, we are advised by the company that the Non-Performing Assets and Net Loan Charge-Offs financial tables were not included in yesterday's release.