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.
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The draft law defines terms related to asset management in conformity with applicable international standards and other laws of Mongolia, as well as establishing, operating, independence and supervising of its activities, resolving non performing loans and assets, Asset regulation of management funds, and regulation of the termination of the activities of the Asset Management Company.
BANKING AND CREDIT NEWS-June 13, 2019--EC says non performing loans decreasing in EU
M2 EQUITYBITES-June 13, 2019--EC says non performing loans decreasing in EU
Global Banking News-June 13, 2019--EC says non performing loans decreasing in EU
"The ratio of gross Non Performing Loans to gross loans increased to 11.4 per cent in February 2018 from 10.6 per cent in December 2017 largely due to increased Non Performing Loans in the manufacturing sector and loan repayments in the transport and communications sector," he said at a Press conference on Tuesday following the Monetary Policy Committee's decision Monday that fixed the policy rate at 9.5 per cent, down from 10 per cent previously.
"There are periods when the amount of non performing loans expands and then it shrinks.
Non performing loans account for roughly half of the banks' loan portfolio
Non performing loans have been hurting small and medium sized banks more because their spreads were lower, he said.
GE confirms its commitment to the Non Performing Loans sectors in Italy by acquiring, through its subsidiaries GE Real Estate Italla and GE Corporate Financial Services("GE"), and in partnership with Pirelli RE/Calyon, a portfolio of non-performing loans originated by Banca Antonveneta and Interbanca.
In January and February 2014, the number of non performing loans increased substantially by CNY 60 billion in Foshan and Guangzhou, China Construction Bank, with Industrial and Commercial Bank of China, China Merchants Bank and China CITIC Bank reporting a higher amount of bad loans.
Banks in Indonesia have reported rising non performing loans.
Malaysia-based CIMB has sold non performing loans (NPL) to South Africa-based Standard Bank.

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