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Punjab National Bank eyes Rs 17,000 crore bad loan recovery in FY25, CEO says
01 Feb 2025 05:30 GMT
… by assets, aims to recover bad loans worth 170 billion rupees ( … , after a debilitating corporate bad loan cycle between 2011 and 2019 … -19 pandemic. It recovered bad loans worth 201.64 billion rupees … from written-off and bad loans allow it to reverse those …
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KBank to transfer B60bn of bad loans
01 Feb 2025 01:21 GMT
PUBLISHED : 1 Feb 2025 at 04:00
Kasikornbank (KBank) plans to transfer bad assets worth around 60 billion baht to its new joint venture asset management company (JV-AMC) by 2026, reducing the bank's non-performing loans (NPLs).
The new joint venture …
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Bank Makramah Gets Court Approval for Recovery of Rs. 10 Billion Bad Loans
30 Jan 2025 12:58 GMT
Bank Makramah Limited (PSX: BML) and OMNI Group have received court approval for their settlement application, the bank informed the main bourse on Thursday.
“We are pleased to inform that the Court has accepted the settlement application filed by Bank …
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Albanian banks maintain stable reserve funds as bad loans decline
29 Jan 2025 12:14 GMT
Tirana, January 29, 2025 - Commercial banks in Albania have maintained the stability of their reserve funds, also known as provisions, for non-performing loans, in line with regulatory requirements set by the Bank of Albania.
According to the central bank, …
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Sri Lanka legislators warn on targeting potential output in monetary law
02 Feb 2025 04:06 GMT
… businesses also collapse leading to bad loans in banks. If banks start …
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S&P upgrades the rating of four Greek banks
02 Feb 2025 04:22 GMT
… , while keeping new flows of bad loans limited. S&P estimates …
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HSBC to pay $765 million for role in global financial crisis a decade ago
01 Feb 2025 14:57 GMT
… bankers knew they were selling bad loans to investors. In 2007, for …
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The Bancorp, Inc. (NASDAQ:TBBK) Q4 2024 Earnings Call Transcript
01 Feb 2025 13:14 GMT
… money gets, or either the bad loan — the unpaid loans are sold …
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Union Budget 2025: Big income tax relief, push to Make in India and other highlights
01 Feb 2025 11:05 GMT
… Rs.85,520 crore).
Their bad loans have declined sharply - the … 0.76% in March 2024.
Bad loans have declined further - the …
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Sierra Leone Commercial Bank Faces Compliance Challenges Amid Regulatory Breaches
01 Feb 2025 05:57 GMT
… , indicating a growing number of bad loans and inefficiencies in debt recovery …