In addition to NPLs, renegotiated loans
in the reported accounts (i.
At the same time, loan-loss reserve coverage together with other asset quality measures such as past due not impaired loans less than 90 days overdue and renegotiated loans
remained very sound and among the best in the sector.
for house purchase totalled 386 million in August , with variable rate products accounting for the majority of renegotiations.
3% as at December 2011; relevant ratios would be much higher when taking into account the renegotiated loans
, which are not classified as impaired.
26% of gross loans) of renegotiated loans
, as at 31 December 2010.
The substantial increase seen in renegotiated loans
(around RUB300bn) is also worrying.
The financial strength rating bears "negative" outlook due to significant rise of renegotiated loans
The riskiest assets on the banks' balance sheets include real estate and personal loans extended in 2008, potential losses associated with banks' exposure to Saad, Algosaibi groups and Dubai World, and renegotiated loans
5% in December 2010), with a low volume of renegotiated loans
It also reflects the bank's weaker reserve coverage of impaired loans compared with peers, higher cost income ratio, high borrower concentration and a significant volume of renegotiated loans
The Bank also has a low level of renegotiated loans
and past due loans less than 90 days old.
The FSR is constrained by high sovereign credit risk, including a weak balance of payments position and vulnerable exchange rate, ongoing economic pressures, considerable asset concentrations combined with elevated credit risk and significant renegotiated loans