Nonperforming Loan definition

Nonperforming Loan means any Loan in respect of which at least two (2) Monthly Payments are Delinquent.
Nonperforming Loan means a loan over 90 days past due with respect to principal and/or interest.
Nonperforming Loan means a loan in respect of which payment of principal or interest is in arrears for more than ninety days;

Examples of Nonperforming Loan in a sentence

  • The Company and its subsidiaries provide services primarily in 3 business areas, namely: 1) Non-performing Loan Asset Management, 2) Finance Advisory and Investment Banking Advisory and 3) Other Services.

  • In addition post disbursement factors are difficult for banking activities to control.-I- Insufficiency credit awareness and division of borrowed funds to other purpose is the one of the major problems that AIB in countered of Non-performing Loan.-I- The credit policies and procedures of the bank are up to date and changing with environment but it may not fulfill in different circumstances and time duration.-I- The profitability of the banks depends on the provisions for Non-performing Loan.

  • Effects of Credit Information Sharing on Nonperforming Loan : The Case of Kenya Commercial Bank Kenya.

  • Gross Non-performing Loan Ratio13.3%16.9%iii 50 Largest Exposure (Gross Funded Loan and Advances to Total Exposure)54.3%50.5% Analysis by Type of Customers Individual537,384,166344,449,233Private Enterprise849,321,109672,966,383Public Enterprise96,761,64982,007,665Government Departments and Agencies107,521,81815,818,476Staff40,166,59031,722,494 1,631,155,3321,146,964,251Advans Ghana is a Savings and Loans company which specializes in the collection of deposits and giving of credits.

  • Non-performing Loan Resolutions in China and Taiwan: A Policy Evaluation.International Journal of Business, 7(3):51–64.Chodorow-Reich, G.


More Definitions of Nonperforming Loan

Nonperforming Loan means, as of the Effective Time on the Closing Date, any Loan with respect to which (1) any principal or interest shall be due and unpaid by the obligor thereunder for more than sixty (60) days prior to the Closing Date; (2) an obligor has filed or has had filed against such obligor proceedings in bankruptcy, trusteeship or receivership and Seller has been notified of such filing; (3) the loans or receivables have been completely charged off; (4) the balance is no longer owed by the obligor as a result of a settlement agreement between the obligor and Seller or any of its Subsidiaries; (5) there are pending legal proceedings with respect to the obligor’s inability or refusal to pay principal or interest due on such Loan; or (6) Seller has Knowledge that such Loan will not be repaid in full.
Nonperforming Loan with respect to CMS Bank means an asset required to be reported, as of any date of reference, in Column B or Column C of Items 1 through 9 of Schedule RC-N to FFIEC Form 041 (Consolidated Report of Condition and Income), as in force on the date of this Agreement, whether or not CMS Bank is required to report such items or is required to report as required in the instructions to such form, and “Nonperforming Loans” shall mean them collectively.
Nonperforming Loan means, as of the Close of Business on the Closing Date, any Loan with respect to which (i) any principal or interest on such loan or receivable shall be due and unpaid by the obligor thereunder for sixty (60) days or more prior to the Closing Date (other than loans guaranteed by the Veterans’ Administration or the Federal Housing Administration), (ii) an obligor has filed or has had filed against such obligor proceedings in bankruptcy, trusteeship or receivership, (iii) the loans or receivables have been completely charged off, (iv) the balance is no longer owed by the obligor whether or not as a result of a settlement agreement between the obligor and Seller or any of its Subsidiaries or (v) in the case of a mortgage loan, the loan has been repurchased by Seller or any of its Subsidiaries.
Nonperforming Loan means, as of the Close of Business on the Closing Date, (a) any Loan or (b) any receivable associated with the Purchased Credit Card Accounts and Receivables, in either case with respect to which (i) any principal or interest on such loan or receivable shall be due and unpaid by the obligor thereunder for sixty (60) days or more prior to the Closing Date, (ii) an obligor has filed or has had filed against such obligor proceedings in bankruptcy, trusteeship or receivership, (iii) the loans or receivables have been completely charged off, (iv) the balance is no longer owed by the obligor whether or not as a result of a settlement agreement between the obligor and HSBC or any of its Subsidiaries or (v) in the case of a mortgage loan, the loan has been repurchased by HSBC or any of its Subsidiaries.
Nonperforming Loan means any Collateral Loan with respect to ------------------ which no payment of principal or interest has been made for at least (90) days.
Nonperforming Loan means, as of the Close of Business on the Closing Date, (a) any Loan or (b) any receivable associated with the Purchased Credit Card Accounts and Receivables, in either case with respect to which (i) any principal or interest on such loan or receivable shall be due and unpaid by the obligor thereunder for sixty (60) days or more prior to the Closing Date (other than loans guaranteed by the Veterans’ Administration or the Federal Housing Administration), (ii) an obligor has filed or has had filed against such obligor proceedings in bankruptcy, trusteeship or receivership, (iii) the loans or receivables have been completely charged off, (iv) the balance is no longer owed by the obligor whether or not as a result of a settlement agreement between the obligor and Seller or any of its Subsidiaries or (v) in the case of a mortgage loan, the loan has been repurchased by Seller or any of its Subsidiaries.
Nonperforming Loan with respect to Berkshire Bank means an asset required to be reported, as of any date of reference, in Column B or Column C of Items 1 through 9 of Schedule RC-N to FFIEC Form 041 (Consolidated Report of Condition and Income), as in force on the date of this Agreement, whether or not Berkshire Bank is required to report such items or is required to report as required in the instructions to such form, and “Nonperforming Loans” shall mean them collectively.