performing loan

(redirected from Performing Loans)

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
Pag-IBIG Fund reached record-high performing loans ratio as top executives report double digit growth in its housing loan payment collections in the first half of the year.
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.
Mercer said the weighted-average monthly price of impaired performing loans fell 20 basis points to 78.9 percent in November.
1 letter to the House Subcommittee on Financial Institutions and Consumer Credit (, the Appraisal Institute and the American Society of Farm Managers and Rural Appraisers pointed specifically to the proposed bill's Sec.1013(a)(3), which states, "a new appraisal on a performing commercial loan shall not be required unless an advance of new funds is involved." The bill would prohibit the reappraisal of performing loans even if there are safety or soundness issues, such as a significant change in market conditions.
"Non-performing loans at Dubai banks are now at 4.3 per cent of total performing loans," he said.
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.

Full browser ?