totaled $12.7 million at June 30, 2019, compared to $14.9 million at March 31, 2019, and $11.9 million at June 30, 2018.
The nation's major lenders have been asked to accelerate recognition of nonperforming loans
in a move that seeks to enhance the quality of lending.
Although the lender recorded a slight growth in interest earning from customer loans to the tune of Sh25.4 billion from Sh24.9 billion in 2017, nonperforming loans
soared to Sh24.02 billion from Sh17.98 billion, a 33.6 per cent growth.
(NASDAQ: PRAA), a specialist in acquiring and collecting nonperforming loans
, has acquired the holding company of Resurgent Holdings LLC's Canadian business, which will become a wholly owned subsidiary of PRA Group Canada, the company said.
The rate of microfinance loans with overdue payments dropped noticeably with the nonperforming loans
ratio at one per cent at the end of last year, according to the National Bank of Cambodia (NBC) annual report.
The allowance for loan losses was 430% of nonperforming loans
and 1.04% of total loans at June 30, 2018, compared to 220% of nonperforming loans
and 1.14% of total loans at June 30, 2017.
Higher miscellaneous income continued to augment the bank's revenue primarily from the collection of nonperforming loans
and a one-time gain from the sale of PNB's 51 percent stake in its life insurance subsidiary.
The study speaks about strong and significant correlation (thus not necessarily causation) between political control and nonperforming loans
(though their level has been low and steady over the last few years) without any mention of the method or methodology used, or the model of loan failure function, as in general many factors could determine the level of nonperforming loans
, most most important among them being the state of the economy.
of banking sector decreased on level of 619.83 billion which had stood at 624.70 billion in December 2014.
in the Coops reached 6.34 billion euro in January 2014 or 47.47% of total loans, rising by 4.96% compared with 6.04 billion euro in December 2013.
Slovenias banks are struggling with nonperforming loans
, those for which payments are at least 90 days overdue.