References in periodicals archive ?
Financial institutions are restricting lending because they are writing down growing amounts of nonperforming debts and suffering from appraisal losses on their shareholdings.
The company currently focuses on collecting nonperforming debts transferred from financial institutions, guarantee companies, and leasing companies, for which the collateral has been liquidated.
First, with the help of strict government oversight, banks' balance sheets must be re-appraised in line with their true content, after which nonperforming debts must be cleared away quickly and effectively.