03% and the
rescheduled loan ratio remained unchanged at nearly 0%.
We also
rescheduled loan closings to other branches and if possible, used DocuSign to have documents signed electronically for loan closings.
In addition, payment of
rescheduled loan of Paris club is scheduled to commence within the next two years.
The mortgage delinquency ratio and the
rescheduled loan ratio remained unchanged at 0.
The weaker credit profile compared with the prior composition is mainly driven by the share of restructured and
rescheduled loans (increasing to 16.
But he said that the treatment of the
rescheduled loans, which is done under prudential regulations that are publically available, is the responsibility of the central bank.
The ratings are constrained by recent rises in the NPL portfolio and in the stock of restructured and
rescheduled loans, as well as by volatility in comprehensive income.
The regulations provide that UAE banks must make monthly reports to the Central Bank on their loan provisions, overdue or
rescheduled loans.
The overall
rescheduled loans in the banking system declined by 15 per cent last year.
Despite this expected stabilization, Moody's also notes that elevated single-party and industry concentrations, in conjunction with opacity regarding the level of restructured and
rescheduled loans, continue to remain key downside risks for system asset quality.
Despite this expected stabilisation, Moody's also noted that elevated single-party and industry concentrations, in conjunction with opacity regarding the level of restructured and
rescheduled loans, continue to remain key downside risks for system asset quality.
Article 4 of the draft proposal stipulates that repayment of
rescheduled loans should not surpass 40 percent of a defaulter's monthly income or 30 percent of a retiree's.
