defined by international reporting standards recorded a smaller drop to e1/47.9 bln in March from e1/47.97 bln in February, representing 24% of all loans.
portfolio has been sold to an Italian securitization vehicle and securitized through the issuance of various tranches of asset-backed securities.
With the economy recovering only gradually, NPLs
rose, reaching 7 per cent of total loans in the second quarter of 2018 (from 6.4 per cent at end-2017).
"The bigger risk is probably that EM banks' NPLs
By sector, Cyprus is the country with the highest NPL
ratio for exposures towards households as of June 2018 (around 51 per cent of the total NPLs
Percentage-wise, agriculture had the highest rate of infected loans during the period at 19.4pc, from 12.6pc in the previous quarter, with NPLs
, which stood at as low as 7.3% of total lending in 2006, peaked to 17.7% in 2011 as the central bank increased the benchmark interest rate from 7% in 2005 to 13.5% in 2011.
The centre, in which IFC has taken a minority interest, targets to invest in, manage, and resolve up to $1bn of NPLs
and associated legal disputes.
of NBFCs increased by RO32mn during 2017, while the lending slightly declined.
All stakeholders are well aware of the fact that financial mess created by imprudent lending decisions of previous management forced the Bank to agree upon a way forward with the Regulator and Sponsors which included certain NPLs
Asset quality has also enhanced as NPLs
(Non Performing Loans) to gross loans (infection) ratio, registered at 8.4 percent as of close December 2017, has reached the lowest level in a decade.
With cash recoveries outweighing fresh NPLs
, seasonal reversals of agricultural NPLs
and upgrade of some classified loans, the stock of NPLs
decreased by Rs3.0 billion to reach Rs611.8 billion during Q3CY17, according to the Quarterly Performance Review (QPR) of the Banking Sector by State Bank of Pakistan for the quarter ended on September 30, 2017.