Non Performing Loan

(redirected from Non-Performing Debt)

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 ?
Corigin operates across several real estate business lines including real estate development, student housing, multifamily, and a real estate finance platform that directly originates bridge loans and acquires sub-performing and non-performing debt.
Case is a commercial real estate investment company active as both a situational lender and purchaser of non-performing debt and transitional properties.
5 billion in unleveraged capital under management, Karlin focuses on acquiring value added commercial properties, bundled assets as well as performing and non-performing debt secured by real estate.
The 'troika', as it is known, sees banks' non-performing debt as a major drag on the economy and that banks must be allowed to recover these loans without impediments.
A continuous effort of providing capital solutions for non-performing debt to local, regional and national commercial banks and lenders remains the key driver for the firm's success.
In several of the countries most affected by bad loans, the non-performing debt is linked to real-estate assets that lost value when property bubbles burst, Raiffeisen's Deuber said.
Despite signs of growth in the region, many foreign banks are considering leaving CEE due to perceived lack of opportunity, non-performing debt and money laundering risk.
He pointed out that KFH's revenues in the last fiscal year rose to more than 932 million dinar, higher than those achieved in 2008, adding that the non-performing debt has decreased by about 8 percent, reaching 5 percent in 2008.
Up to a third of that could be non-performing debt, analysts say.
Currently, the net non-performing debt instruments comprise ~30 percent of net assets.
Of course, many of these arrangements are likely to come at a price to the business and, quite understandably, lenders may use them as opportunities to reprice non-performing debt (often to counter the impact of negligible base-rates) or to levy fees in recognition of the increased risk that they are taking in providing continued support.
Analysts cite the bank's conservative lending and investment practices, focus on retail banking and customer service and lack of exposure to non-performing debt as reasons behind its success.