Al Baraka Bank Egypt’s NPLs fall to 5.4% in June
Al Baraka Bank-Egypt, part of Bahraini Islamic lender Al Baraka Group, witnessed an improvement in the quality of…
Browsing Tag
bad loans
Europe banks hold €988 billion in NPLs: IMF
Bank in Europe still hold "a very high" €988 billion ($1.17 trillion) in non-performing loans (NPLs) on their…
No respite for Indian banks as bad loans reach record $146 bln
Indian banks' sour loans reached a record 9.5 trillion rupees ($145.56 billion) at the end of June, unpublished…
Bain exec says India isn’t ‘fast enough’ in reforming troubled banks
India’s government is not reforming its banking sector quickly enough, as troubles such as high levels of bad loans…
NBE: assets surge to 1.1 trillion Egyptian pounds after currency float move
Egypt’s biggest lender, the state-owned National Bank of Egypt says assets have surged to around 1.1 trillion…
Egypt’s United Bank: bad loans edge higher on currency float move
The state-run United Bank of Egypt’s portfolio of bad loans has surged to 3.5 billion Egyptian pounds ($191.2…
United Bank of Egypt braces for major cut in bad loans before year-end
Egypt’s state-run United Bank seeks to reduce its portfolio of bad loans to 2.5 billion Egyptian pounds ($281.5…
National Bank of Egypt plans major cut in bad loans by FY2016/17
The National Bank of Egypt (NBE), the country’s largest public lender, plans to reduce its non-performing loans to…
Italy Banks Bad Loans Underline Southern Europe Malaise
Italian banks are more reluctant to lend as a recession saddles them with mounting bad debt, highlighting a growing…
EDBE’s NPLs Hit EGP 820 Mln In H1
The Export Development Bank of Egypt’s (EDBE) portfolio of non-performing loans stood at EGP 820 million, out of…
