Permanent TSB said its net interest income from its
performing loan book was stable, partly offset by reduced income from non-performing loans sales in 2018.
The two organizations also suggested defining "
performing loan" in the new bill since it is not defined in any current regulations or guidelines.
The share sales will help state-owned Bank Mandiri recover a big non
performing loan. Kiani Kertas accounts for the biggest part or Rp 1.7 trillion (US$ 190 million) of non
performing loans burdening Bank Mandiri.
In addition, the remaining
performing loan continues to perform.
* A $2.8 million
performing loan accruing at a conventional interest rate secured by a 16,400 square feet, one-story commercial building on Roosevelt Avenue, in the Elmhurst section of Queens, in a busy retail corridor with 21,000 square feet of buildable air rights.
The acquired
performing loan portfolio is comprised of 45 per cent of mortgage loans, one third by consumer loans, 15 per cent by business loans and the remaining 7 per cent by loans to the government.
Commercial banks in China are looking to clear non
performing loan levels as much as possible.
A market observer said that the non
performing loan ratio in one of the banks in Guangzhou reached 50% because the bank mostly loaned to small and medium sized firms.
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.
The draft law defines terms related to asset management in conformity with applicable international standards and other laws of Mongolia, as well as establishing, operating, independence and supervising of its activities, resolving non
performing loans and assets, Asset regulation of management funds, and regulation of the termination of the activities of the Asset Management Company.
Global Banking News-June 13, 2019--EC says non
performing loans decreasing in EU
M2 EQUITYBITES-June 13, 2019--EC says non
performing loans decreasing in EU
