Kea Borann, AMK (Angkor Mikroheranhvatho Kampuchea) Microfinance Institution Plc CEO, said local currency accounts for 70 per cent of its total loan portfolios
As previously disclosed, ReliaMax provides insurance coverage for the Company's $189.1 million purchased, floating rate, seasoned student loan portfolios
. ReliaMax indicated in its notice that, following the conclusion of a hearing to be scheduled for late June or early July 2018, and entry of an Order by the court, the South Dakota Division of Insurance will take control of ReliaMax, and a liquidareportstor will be appointed.As indicated in its notice, until the hearing has concluded and a court order has been entered, ReliaMax will continue its business operations with regard to the Company's purchased student loan portfolios
, including the areas of default prevention and acceptance of claim filings.
The trend of falling loan portfolio
of the banks stopped, and the loan portfolios
even increased, albeit insignificantly by 0.8 percent or 85 million manats.
"With the high demand for yield in today's environment, we believe it is a good time to market performing loan portfolios
, which in turn provides the market with good opportunities to pick up some yield prior to year-end."
Among the 19 credit unions in Lone Star State that manages assets from $1 billion to $9.5 billion, 13 also manage loan portfolios
that range from $1 billion to $8.6 billion.
"So, the 6 per cent interest ceiling is a reasonable rate for both borrowers and lending institutions." The Sultanate's conventional banks have posted a robust 10.44 per cent growth in aggregate personal loans, or consumer loan portfolios
, which stood at OMR7,680.96 million by the end of June 2016.
The company has experience in the acquisition, management, and disposal of non-performing loan portfolios
, and currently manages several funds on behalf of a number of specialized private equity partners.
Summary: In September, the loan portfolios
of Georgian banks increased 2.0% MoM
The rise in NPLs was attributed to rural and cooperative banks, which saw bad loans reach 13.26 percent and 14.22 percent of their respective loan portfolios
The disposal is part of Bank of Irelanda[euro](tm)s strategy announced on 14 October to sell non-core loan portfolios
worth around EUR5bn in total.
In the years leading into the recession (2000 to 2008), overall business loan portfolios
at FDIC-insured institutions grew on average 7.2 percent per year, and small business loan portfolios
(loans under $1 million) grew on average 5.5 percent a year.