Banks are accelerating debt recovery and asset liquidation to contain bad loans and bolster profits as net interest margins narrow.
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The last few years have not been fun financially for many people. Whether it was job loss, rising inflation, high-interest rates or unexpected expenditures, your pocket has taken so many hits, it is ...
Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...
With the cost of living soaring and many struggling to get a pay rise, it’s not surprising people are using debt to navigate life’s financial twists and turns. Owing money can sometimes feel ...
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 ...
Add Yahoo as a preferred source to see more of our stories on Google. Not all debt is created equal; “bad debt” doesn’t provide any growth value, accumulates high interest — and can take years to pay ...
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 ...
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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 ...
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