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.
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To address these major market trends, Emergent Business Group has combined state-of-the-art technology and industry-leading compliance standards to become the ideal Accounts Receivable Management (ARM) and servicing partner for first and third-party servicing and purchase of non-performing debt portfolios in the auto (subprime and prime), traditional loans, credit card and online lending sectors.
The size of the bank's non-performing debt fell to 13% of the total credit portfolio by the end of 2017, compared with about 20% in previous years.
Subordinated legacy non-performing debt (XS0232498393, XS0214107053 and XS0435957682) affirmed at 'C'
These include wilful defaulters, promoters or management of the company having an outstanding non-performing debt for over a year.
The pact is part of a broader turnaround plan for most state-owned lenders that are mired in non-performing debt.
The monthly drop of non-performing debt in March to 46 per cent of total loans, was mainly on a e1/4469.
As of 1 July this year, the share of non-performing debt instruments accounted for 4.
Based in northern New Jersey, Case is active as a high-yield private lender, a purchaser of sub- and non-performing debt, and an equity investor.
In Europe, non-bank lenders (NBLs) in particular are in a prominent position in the market, investing in real estate non-performing debt, development finance, and junior debt and equity, much of which falls outside the traditional banks' post-recession lending mandate.
Argentine banks scrambled to put together a proposal to buy out the non-performing debt held by hedge funds and avert a default.
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.
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.