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Bad bank loans hit record 15.5pc as CBK pauses rate increases
04 Apr 2024 04:45 GMT
Thursday April 04 2024
Central Bank of Kenya Governor Kamau Thugge. FILE PHOTO | DENNIS ONSONGO | NMG
Non-performing loans (NPLs) have hit a new multi-decade high of 15.5 percent of the banking industry's total lending as private sector credit growth …
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Bad bank does two years' worth of business in one week, buys over Rs 24,000 cr of debt just before FY24 ends
30 Mar 2024 00:39 GMT
Mumbai: Government-backed bad bank, the National Asset Reconstruction Co ( … ,000 crore acquired by the bad bank so far. However, it is … to be transferred to the bad bank since the latter took over …
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Suspension of parate execution won’t do; establish Bad Bank to resolve issue permanently: Dr. Anil Baddevithana
11 Mar 2024 19:12 GMT
… authorities.
Permanent solution: the Bad Bank
I asked Baddevithana about … funding.”
Funding of the Bad Bank
Baddevithana further elaborated on … the capital of the bad bank, and their shareholding could … the resources of the Bad Bank
“There is another way …
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Arrested for padlocking a property to prevent squatters
19 Apr 2024 08:41 GMT
… owned by the so-called bad bank Sareb, which was formed in …
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Government to wind down 'bad bank' Nama by end of 2025
06 Mar 2024 13:30 GMT
Nama is projected to return at least 4.9 billion to the Exchequer by the end of 2025, according to the finance minister. So far, the National Asset Management Agency (Nama) has transferred a total of 4.25 billion to the Exchequer, made up of 3.85 billion …
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The bad bank offers discounts
13 Feb 2024 06:58 GMT
… , which is known as the bad bank was created in an attempt …
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Finance Ministry aims to transfer ₹1-lakh crore stressed assets to bad bank by March-end
07 Feb 2024 13:16 GMT
… (NARCL), commonly known as the bad bank, from state-owned banks by …
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NARCL invites application for MD & CEO post
18 Apr 2024 01:06 GMT
… (NARCL), India’s state-sponsored bad bank, is seeking to appoint a …
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‘Certainly Looks Bad’: Bank Statements Make It Increasingly Likely Fani Willis Allegations Are True, Legal Experts Say
19 Jan 2024 23:58 GMT
Bank statements showing Fulton County District Attorney Fani Willis’ alleged lover Nathan Wade, who she appointed as special prosecutor in the case against former President Donald Trump, purchased airline tickets in her name make it increasingly likely …
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Chinese sales of bonds backed by bad bank loans hit new high
14 Jan 2024 22:25 GMT
HONG KONG -- Chinese banks are increasing their sales of bonds backed by bad debts, but the market's growth has yet to ease investor concerns about the quality of assets held by lenders in Asia's biggest economy.
Issuance of securities that promise …