Wednesday 17 April 2024
 
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Non-performing loans

Iran to overhaul banking sector, tackle bad debt

Iran aims to overhaul its banking sector by tackling non-performing loans (NPL) and imposing tougher capital requirements after years of isolation, a senior central bank official said, adding the country was working on a Eurobond issue.

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Mashreq sees retail NPLs improving in 2011

Mashreq Bank expects its retail non-performing loans (NPLs) to improve in 2011 after bad loans peaked last year, the head of Dubai lender's retail bank said on Tuesday. While the overall retail banking sector may continue to face chall

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