performing loan

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Performing Loan

A loan that is not in or near default. According to the International Monetary Fund, a performing loan is any loan in which: interest and principal payments are less than 90 days overdue; less than 90 days' worth of interest has been refinanced, capitalized, or delayed by agreement; and continued payment is anticipated. All conditions must be present for a loan to be performing. However, the specific definition is dependent upon the loan's particular terms.

performing loan

As defined by the Federal Financial Institutions Examination Council, a loan that is less than 90 days past due, has not been placed on nonaccrual,or is not in workout status.

References in periodicals archive ?
8m, respectively, in 2015, by reducing their stock of performing loans, prompting banks to seek to extend healthy lending to other reliable customers, Central Bank of Cyprus data suggests.
The Co-op decided to reduce the lending rates on performing loans as follows:
Mercer said the weighted-average monthly price of impaired performing loans fell 20 basis points to 78.
At DebtX's loan sale marketplace, impaired performing loans were flat for the year, while non-performing loans declined 4.
Non performing loans have been hurting small and medium sized banks more because their spreads were lower, he said.
As confirmation that the seniors housing and care industry is continuing on its road to recovery, the percentage of reported performing loans were the best ever during the first quarter of 2005.
1 trillion yen in performing loans and nearly 100 billion yen in so-called second-category loans, or loans that require diligent monitoring or caution in recollection, they said.
Signature Group Investments acquired a portfolio of non-performing and performing loans from a New York City based community bank.
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 2012, prices for impaired performing loans rose 9.
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.
2 billion euros in non-performing loans, which made out in September roughly half of the loan portfolio in the banking system, were not backed by collateral, while an additional 5 billion euros in performing loans also lacked collateral, CNA reported citing the Central Bank of Cyprus.

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