performing loan

Performing Loan

A loan that is not in or near default. According to the International Monetary Fund, a performing loan is any loan in which: interest and principal payments are less than 90 days overdue; less than 90 days' worth of interest has been refinanced, capitalized, or delayed by agreement; and continued payment is anticipated. All conditions must be present for a loan to be performing. However, the specific definition is dependent upon the loan's particular terms.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

performing loan

As defined by the Federal Financial Institutions Examination Council, a loan that is less than 90 days past due, has not been placed on nonaccrual,or is not in workout status.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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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.
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Commercial banks in China are looking to clear non performing loan levels as much as possible.
Chinese commercial banks looking to clear non-performing loans
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.
Pag-IBIG Fund collects record-high P30 billion in home loan payments in H1, PLR climbs to 90.6%
Global Banking News-June 13, 2019--EC says non performing loans decreasing in EU
EC says non performing loans decreasing in EU
M2 EQUITYBITES-June 13, 2019--EC says non performing loans decreasing in EU
EC says non performing loans decreasing in EU

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