Political stability will cut bad loans, says UK’s Exotix
2 months ago, 17 Jan 16:53
A comparatively stable political environment this year and improved performance of the economy are key to lowering the non-performing loan (NPL) levels of the banking sector, UK-based Exotix Partners say. They project the ratio of non-performing loans to total loan book for the banking sector will fall at least 1.4 percentage points this year, led by large tier one banks which have traditionally had lower NPLs compared to smaller rivals. The gross NPL for local banks reached 10.5 per cent by the ...
Category: topnews news business