BadLoans

China's Financial Institutions Take Bold Steps to Clear Bad Property Loans and Revitalize the Economy

1 month ago

In a strategic move to bolster economic recovery, Chinese banks are accelerating their disposal of bad loans linked to the property sector. This initiative comes as part of a broader effort to stabilize the domestic economy, which has been significantly impacted by a protracted downturn in the real estate market. The intensified actions by financial institutions signal a proactive stance in addressing the economic challenges that have arisen from high levels of delinquent debts and declining property values.

Ghana's Central Bank Responds to Alarming Bad Loan Ratios Among Lenders

2 months ago

The Bank of Ghana has launched a proactive outreach initiative aimed at addressing the increasing concerns over the rising levels of non-performing loans (NPLs) among financial institutions in the country. This move comes in response to troubling reports of bad loan ratios that have surged to an unsettling 8.1%, a percentage that has become a matter of great concern for regulators and the economy at large.

India Paves the Way for Equity Sales by Bad Loan Managers: A Significant Shift in Financial Regulations

3 months ago

In a groundbreaking move, the Indian government has approved new regulations allowing managers of bad loans to raise equity capital by issuing shares. This reform is expected to invigorate the distressed asset management industry and create a more vibrant market for resolving non-performing assets (NPAs) across the financial sector. The decision comes as part of India's ongoing efforts to bolster its economy and enhance the efficiency of its banking system amid rising levels of bad debt.