Often considered an anchor of the countrys economy, the banking sector is under stress and an increase in non-performing debt
is currently constraining the capacity to lend to the real economy.
Among those files was the non-performing debt
portfolio, which accounted for about 52% of the total loan portfolio in December 2016.
Subordinated legacy non-performing debt
(XS0232498393, XS0214107053 and XS0435957682) affirmed at 'C'
According to Garber, Cyprus needs to modernise its foreclosure and bankruptcy laws, and accelerate efforts to reduce the high level of non-performing debt
As local lenders struggling with non-performing debt
are becoming more selective, borrowers will have to rely on international creditors.
Amman, July 28 (Petra) -- A newly published report by the Central Bank of Jordan (CBJ) Saturday said the banking sector in the Kingdom has sound and healthy financial indicators in terms of high capital adequacy ratio, low non-performing debt
, high profitability and comfortable levels of liquidity.
As a lending institution, the value of marketplace lending becomes apparent when you consider the challenge that banks face when it comes to managing solvency ratios and provisioning for non-performing debt
. The marketplace allows other lenders-- both individuals and institutions--to share in the risk, thereby decreasing the balance sheet expense for everyone.
To address these major market trends, Emergent Business Group has combined state-of-the-art technology and industry-leading compliance standards to become the ideal Accounts Receivable Management (ARM) and servicing partner for first and third-party servicing and purchase of non-performing debt
portfolios in the auto (subprime and prime), traditional loans, credit card and online lending sectors.
These include wilful defaulters, promoters or management of the company having an outstanding non-performing debt
for over a year.
Based in northern New Jersey, Case is active as a high-yield private lender, a purchaser of sub- and non-performing debt
, and an equity investor.
In Europe, non-bank lenders (NBLs) in particular are in a prominent position in the market, investing in real estate non-performing debt
, development finance, and junior debt and equity, much of which falls outside the traditional banks' post-recession lending mandate.
Argentine banks scrambled to put together a proposal to buy out the non-performing debt
held by hedge funds and avert a default.