Commercial banks in China are looking to clear non performing loan
levels as much as possible.
Panjaitan said the company has to hammer out a deal this month to help alleviate the pressure of non performing loan
on Bank Mandiri.
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.
With the non performing loan
sale, the Company would reduce its total level of non-performing residential first mortgage loans by 71%, and a further reduction of 13% due to the reclassification the available for sale category, for a total reduction of 84%.
Cunningham, president and chief executive officer, stated, "I am pleased with the sale and financing of the Williamsburg properties since that asset now becomes a performing loan
, and equally pleased with the overall improvement in our interest rate GAP, especially in what appears to be a continuing rise in market interest rates.
8m, respectively, in 2015, by reducing their stock of performing loans
, prompting banks to seek to extend healthy lending to other reliable customers, Central Bank of Cyprus data suggests.
The Co-op decided to reduce the lending rates on performing loans
Mercer said the weighted-average monthly price of impaired performing loans
fell 20 basis points to 78.
At DebtX's loan sale marketplace, impaired performing loans
were flat for the year, while non-performing loans
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.