The 90 days criterion is used more often by various national legislations in order to define a nonperforming loan
It remains to be seen whether the FSA and Takenaka can achieve their goal of reducing the nonperforming loan
(NPL) ratio of major banks by half (it is currently more than 8 percent), or in other words, writing off by fiscal 2004 over [Yen]13 trillion of nonperforming loans
, which continue to grow faster than the current pace of NPL liquidation.
A jump in nonperforming loan
levels is just the first phase," Weiss said.
Second, when a portion of a nonperforming loan
is charged off, the remainder of the nonperforming loan
may have a lower-than-normal expected loss and require few loan loss reserves.
He is the author of two international studies: Japanese Investment in US Real Estate and the Global Nonperforming Loan
Report which track cross border foreign capital flows between Asia and the United States.
The partners have signed an exclusive mandate with Banca Antonveneta for the acquisition of additional nonperforming loan
portfolios expected to come to market in 2007, for a gross book value of approximately 5 billion euro.
Their accumulative nonperforming loan
purchases since April 1999 have totaled 3,893.
The nonperforming loan
situation within the finance and securities industry sector cannot be accurately calculated, as 58 of Thailand's 91 finance companies remain suspended.
The entry of these major players into Japan's nonperforming loan
market could create a higher comfort level among U.
However, the transaction sequence applies also to commercial nonperforming loan
The downtrend reflects decreasing fresh bad loans backed by the recovering domestic economy and the banks' aggressive disposal of bad loans in the nonperforming loan
market, the sources said.
MSK has already gained two years of experience through its securitization special servicing duties involving two Standard & Poor's-rated nonperforming loan