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.
Panjaitan said the company has to hammer out a deal this month to help alleviate the pressure of non
performing loan on Bank Mandiri.
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.
There are periods when the amount of non
performing loans expands and then it shrinks.
With the induction of democratic rule in 2008 non
performing loans (NPL) went up from Rs359 billion in 2008 to Rs556 billion in 2010 recording an increase of 55% within a short period of two years.
performing loans has been retained at an acceptable level.
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.
The Co-op decided to reduce the lending rates on
performing loans as follows:
