Banks are accelerating debt recovery and asset liquidation to contain bad loans and bolster profits as net interest margins narrow.
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 ...
MADRID, July 25 (Reuters) - A trio of Spanish banks, including bailed out lender Bankia, reported rising bad debts on Thursday as a protracted recession hampers their recovery from a property market ...
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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 ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. While some forms of borrowing can help you move forward financially, ...
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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