Al Baraka Bank-Egypt, part of Bahraini Islamic lender Al Baraka Group, witnessed an improvement in the quality …
Tag:
bad loans
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Bank in Europe still hold “a very high” €988 billion ($1.17 trillion) in non-performing loans (NPLs) on …
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Banks
No respite for Indian banks as bad loans reach record $146 bln
by Yomna Yasserby Yomna YasserIndian banks’ sour loans reached a record 9.5 trillion rupees ($145.56 billion) at the end of June, …
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Banks
Bain exec says India isn’t ‘fast enough’ in reforming troubled banks
by Yomna Yasserby Yomna YasserIndia’s government is not reforming its banking sector quickly enough, as troubles such as high levels of …
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Banks
NBE: assets surge to 1.1 trillion Egyptian pounds after currency float move
by Yomna Yasserby Yomna YasserEgypt’s biggest lender, the state-owned National Bank of Egypt says assets have surged to around 1.1 trillion …
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Banks
Egypt’s United Bank: bad loans edge higher on currency float move
by Yomna Yasserby Yomna YasserThe state-run United Bank of Egypt’s portfolio of bad loans has surged to 3.5 billion Egyptian pounds …
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Banks
United Bank of Egypt braces for major cut in bad loans before year-end
by Yomna Yasserby Yomna YasserEgypt’s state-run United Bank seeks to reduce its portfolio of bad loans to 2.5 billion Egyptian pounds …
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Banks
National Bank of Egypt plans major cut in bad loans by FY2016/17
by Yomna Yasserby Yomna YasserThe National Bank of Egypt (NBE), the country’s largest public lender, plans to reduce its non-performing loans …
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Italian banks are more reluctant to lend as a recession saddles them with mounting bad debt, highlighting …
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The Export Development Bank of Egypt’s (EDBE) portfolio of non-performing loans stood at EGP 820 million, out …