3bn, accompanied by an increase in non-performing loans
This transaction will help to open the Italian servicing market for the recovery of non-performing loans
more independent and represents a positive step for the sector, in line with developments in other European countries.
approved to companies constitute as much as 78 percent of all bad loans.
3 billion through the Non-Performing Loans
Fund for the financial support of the second-tier banks, Chairman of the National Bank of Kazakhstan Kairat Kelimbetov said during the CCS media briefing on Tuesday.
The challenge faced by the sector relating to non-performing loans
has led the International Monetary Fund (IMF) to recommend, and the government to agree, that more reliable housing price data would be helpful for the banking sector, which has been advised to "closely monitor collateral values".
In addition, the Bank has increased the total coverage ratio of non-performing loans
to over 185 per cent.
ALYMERE, an offshore property investment company advised by Cardiff-based Richard Hayward Properties, has bought back four non-performing loans
from Promontoria (Thames) Limited - part of US private equity group Cerberus Capital Management - in a deal worth PS35m.
The non-performing loans
represented approximately 31% of the Bank's estimated non-performing loans
receivable and non-performing loans
held for sale as of December 31, 2012.
At the end of September, non-performing loans
accounted for 14.
KARACHI, April 09, 2011 (Balochistan Times): Non-performing loans
(NPLs) mainly came from the textile and energy sectors reaching Rs 517.
The Company also announced that it had entered into an agreement to sell approximately $474 million of non-insured non-performing residential first mortgage loans and will reclassify up to an additional $86 million in residential non-performing loans
as available for sale.
3) issued here on Tuesday, it has been decided that in addition to cash collateral, gold (ornaments and bullion) shall also be considered for specific provisioning against non-performing loans