Banks are accelerating debt recovery and asset liquidation to contain bad loans and bolster profits as net interest margins narrow.
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Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances. Bad debt is usually ...
Aiming to make money from the nation's growing bad debt, China Renaissance Holdings Ltd. (1911.HK) is among those trying their luck in a new role as bill collectors. But bad debt recovery is no easy ...
The Managing Director of LivingTrust Mortgage Bank Plc, Dr. Adekunle Adewole, has canvassed a synergistic relationship between banks and the police to ensure a more effective and less rancorous ...
Many people work hard to get out of a financial slump. They recover from crippling debt, manage to put some money aside and are able to finally breathe when it comes to finances. According to experts, ...
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The banking sector scare: The persistent cycle of non-performing loans
By Prof. Samuel Larteywww.pefghana.orgGhana’s financial landscape has long been characterised by a recurring challenge: non-performing loans, bad debts, and business closures. While these issues are ...
Angel Zhong does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...
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