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.
References in periodicals archive ?
"A non-performing loan is a non-performing borrower," Shapiro explained.
Banks' gross non-performing loan (NPL) ratio fell to 10.2 percent at the end of 2017.
12 June 2014 - Germany's Commerzbank AG (ETR:CBK) said it had sold commercial real-estate financing portfolios (CRE) in Spain and Japan and the non-performing loan portfolio in Portugal combining EUR5.1bn (USD6.9bn).
03 January 2017 - Turkish banking firm Turkiye Garanti Bankasi has sold a non-performing loan portfolio receivables arising from credit cards, general purpose loans, overdraft loans and expenses in the total principal amount of around 207m to Guven Varl?k Yonetim A.S.
The rest, he said, will continue to work for the body that will remain in place after the deal to administer the bank's non-performing loan portfolio, which accounts for roughly six tenths of the total.
According to Reuters, the banking regulator said on Tuesday that the non-performing property loan ratio was at 0.49 percent by the end of the first quarter, 1.49 percentage points lower than the overall non-performing loan ratio.
BANKING AND CREDIT NEWS-May 10, 2013--Broadway Financial reduces non-performing loan holdings(C)2013 M2 COMMUNICATIONS http://www.m2.com
Political considerations prevented the state-owned Cyprus Cooperative Bank from collecting from borrowers not servicing their loans, leading to its demise, and may also continue to weigh-in after the government took over its non-performing loan portfolio, an economist said.

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