Tag: non-performing loans
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Rising Loan Defaults in Nigeria: What It Means for Banks and Borrowers
Overview: What the Latest CBN Data Reveals Nigeria’s banking sector is grappling with a broader uptick in loan defaults across both households and businesses. The Central Bank of Nigeria (CBN) has highlighted growing stress in the credit market, even as banks report healthier loan books in other metrics. The developing picture suggests that while banks…
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Rising Loan Defaults in Nigerian Banks Signal Strain in Credit Market
Rising Defaults Expose Credit Market Strain Recent reports from Nigerian lenders reveal a broad uptick in loan defaults across both households and businesses. The trend, highlighted by financial institutions as well as the Central Bank of Nigeria (CBN), points to growing stress in the country’s credit market even as banks have expanded loan supply and…
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UOB’s Hong Kong and China Property Bets Prove Costly as Prices Fall
Overview: A High-Stakes Bet Comes Under Pressure Singapore’s United Overseas Bank (UOB) has long pursued growth by expanding its exposure to property developers and real estate projects in Hong Kong and mainland China. The strategy aimed to capitalize on strong demand and rising prices in these markets during earlier years. However, a combination of tighter…
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UOB Faces Pressures as Hong Kong and China Property Loans Sour
Overview: A Singapore Bank’s Bet on a Slowing Market Singapore’s United Overseas Bank Ltd (UOB) is navigating choppy waters as it reconvenes the risks tied to its sizable exposure to Hong Kong and China real estate. A bet on the strength of property markets in these regions has begun to backfire amid persistent price declines,…
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Teiresias SA: The Guardian of Creditworthiness in Distress
Introduction to Teiresias SA Teiresias SA is a pivotal organization in Greece that was established to collect data and provide support to banks and financial institutions. Its primary role is to help these entities manage their risks associated with non-performing loans and identify potential defaulters. This company acts as a “guardian” of creditworthiness, offering a…