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 ?
Global Banking News-February 26, 2018--ECB official says Greek banks need to do more to cut non-performing loans
Fannie Mae announced its latest sale of non-performing loans, including the companys eleventh and twelfth Community Impact Pools.
The amount of non-performing loans in the Cypriot banking system fell in October by e1/451.
ISLAMABAD -- Karandaaz Pakistan, working to promote access to finance for small businesses and financial inclusion in the country, has launched a report on the nature and characteristics of small and medium enterprise (SME) financing and non-performing loans in Pakistan.
Our banks are being active in addressing non-performing loans," said National Bank Governor Dimitar Bogov.
This investment is considered strategically important for Intrum, positioning its as a strong partner for Greek banks which have significant non-performing loans to address.
M2 EQUITYBITES-March 10, 2017-Nordax announces sale of non-performing loans
Summary: QatarEe's banks remain healthy overall as more than 80% of their non-performing loans are provisioned, according to a report by the Qatar Central Bank (QCB).
3 October 2016 - German commercial bank HSH Nordbank AG plans to sell a portfolio of mainly non-performing loans with a nominal volume of circa EUR 3.
Non-performing loans (NPLs) in Cypriot banks rose in October by EUR 101 mln, the Central Bank of Cyprus said, but cited data that suggest a gradual reduction of NPLs through restructurings.
Most lenders are tightening their credit assessment requirements due to a higher percentage of non-performing loans, thus limiting the number of approved loans.
The following non-performing loans were purchased from the same borrower or its affiliates.

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