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Chinese Banks See Rise in Bad Loans

At the end of the first quarter, non-performing loans of Chinese banks reached 524.3 billion yuan ($84.83 billion), up 20.7% from a year earlier and CNY33.9 billion more than at the end of 2012.

Read more: http://www.foxbusiness.com/news/2013/04/22/chinese-banks-see-rise-in-bad-loans/#ixzz2Rgoe8jwP

Read more: http://www.foxbusiness.com/news/2013/04/22/chinese-banks-see-rise-in-bad-loans/#ixzz2RgoVRbkn
http://www.foxbusiness.com/news/2013/04/22/chinese-banks-see-rise-in-bad-loans/

Spanish Bad Loans At New Record, Deteriorate At Fastest Pace Since June

Read more: http://www.moneycontrol.com/news/business/bad-loans-to-rise-till-sept-downgrades-over-india-ratings_848213.html

Problems pile up for banks as bad loans rise sharply

http://m.businesstoday.in/story/bad-loans-indian-banking-system/1/189936.html

Santander’s profits slide as €18bn of loans turn sour

http://www.guardian.co.uk/business/2013/jan/31/santander-profits-slide-18bn-loans

How This $4 trillion Problem
Is Increasing Every Day

Read the statistics from international news media below, to appreciate how the problem of bad loans of banks is ever increasing, and how this implies an ever increasing money making opportunity for bank consultants

Chinese Banks See Rise in Bad Loans

At the end of the first quarter, non-performing loans of Chinese banks reached 524.3 billion yuan ($84.83 billion), up 20.7% from a year earlier and CNY33.9 billion more than at the end of 2012.

Read more: http://www.foxbusiness.com/news/2013/04/22/chinese-banks-see-rise-in-bad-loans/#ixzz2Rgoe8jwP

Read more: http://www.foxbusiness.com/news/2013/04/22/chinese-banks-see-rise-in-bad-loans/#ixzz2RgoVRbkn
http://www.foxbusiness.com/news/2013/04/22/chinese-banks-see-rise-in-bad-loans/

Italian Banks’ Bad Loans Seen Rising as Gridlock Hampers Growth

Read more: http://www.thenational.ae/business/markets/hsbc-bad-loans-more-than-double-in-middle-east#ixzz2RgpAV1uB

Spanish Bad Loans At New Record, Deteriorate At Fastest Pace Since June

Read more:

Problems pile up for banks as bad loans rise sharply

Read more: http://m.businesstoday.in/story/bad-loans-indian-banking-system/1/189936.html

Santander’s profits slide as €18bn of loans turn sour

Read more: http://www.guardian.co.uk/business/2013/jan/31/santander-profits-slide-18bn-loans

TD Bank profit weakens as bad loan provisions rise

http://www.ibtimes.com/td-bank-profit-weakens-bad-loan-provisions-rise-235475

News Update On How Bad Loans In Banks And Financial Institutions Worldwide Are Increasing Like Crazy

United Bank not to lend to infra firms as bad loans rise

Hindu Business Line

United Bank of India has decided to stop fresh lending to infrastructure, steel and iron, airlines and real estate and textile sectors. According to Archana Bhargava, Chairperson and Managing Director of the PSU bank, non-performing assets in these …

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Has Hope Run Out For Eurozone ETFs?

ETF Daily News

… crisis lingers on as bad loans soar,” Deutsche Welle, June 18, 2013.) The ratio of bad loans to all the credit in the country increased to 10.87% from 10.47%. This means that out of every 100 loans in Spain, almost 11 were considered “bad” or …

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First BanCorp sells $223M of non-performing residential mortgage loans, OREO

News is my Business

FirstBank continues to clean up its balance sheet through the sale of its bad loan portfolio. First BanCorp, the parent company of FirstBank Puerto Rico, announced today it has completed a sale of non-performing residential mortgage loans with an …

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Mortgage security zombies are still crawling through the US financial system

Quartz

The mortgage backed securities (MBS) that fueled the US housing bubble are still trying to shake out all the bad loans they were constructed from—which has led to scandals over how banks built MBS and how they mismanaged foreclosures. In the latest …

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Bad loans ratios of rural, co-op banks rise in 2012 – InterAksyon.com

InterAksyon.com means BUSINESS. MANILA – The bad loans ratio of rural and cooperative banks has climbed in 2012 from the previous year, the Bangko …

www.interaksyon.com/…/bad-loans-ratios-of-rural-co-op-bank…

IMF sees Spain banks’ non performing loans increasing further

Reuters

I wouldn’t be surprised if they would continue to increase in the medium term,” James Daniel, the head of the IMF mission in Spain, said at a news conference following the release of the fund’s annual assessment of the Spanish economy. Spanish banks …

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UPDATE 2-Spain’s debt costs, bad loans rise as minister signals turnaround

Reuters

Yields rise on 6- and 12-month bills. * Bad bank loan ratio climbs to 10.9 percent. * Economy Minister says sees economy closer to flat in second quarter. * Banks face 2 bln eur capital shortfall from new loan rules – Econ Min (Adds bad loans and bills …

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Spain’s debt costs, bad loans rise as minister signals turnaround

Reuters UK

Spanish banks will likely have to cough up another 10 billion euros (8.57 billion pounds) in provisions against loan losses in the next two years to counter rising bad debts, Economy Minister Luis de Guindos acknowledged. But echoing comments made on …

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Slovenian ‘bad bank’ set to begin operations

Economic Times

LJUBLJANA: Slovenia’s new “bad bank”, a key part of efforts to avoid becoming the next eurozone member to need a bailout, will receive its first transfer of toxic assets at the end of the month, its head said Tuesday. The crisis measure come after …

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Bad loans rise as Spain’s banks buckle

The Local.es

As a condition of the eurozone rescue, Spain set up Sareb, a “bad bank” charged with mopping up bad assets at a discount and then attempting to sell them for a profit. As banks transferred toxic assets to Sareb, the level of bad loans at Spanish banks …

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Rural banks’ bad loans soar | BusinessWorld Online

Finance. Posted on June 18, 2013 09:48:49 PM. Rural banks’ bad loans soar. RURAL AND COOPERATIVE banks’ exposure to bad debts rose to its highest …

www.bworldonline.com/content.php?section…title…

Spain’s Mortgage Crisis Lingers On As Bad Loans Soar

Spain’s real estate crisis continues to rankle as bad bank loans skyrocketed in April.

en.haberler.com/spain-s-mortgage-crisis-lingers-on-as-bad-loa…

Barclays’s Absa Sees Share of Loans Drop Amid Bad Debt Fears

Businessweek

Absa Group Ltd. (ASA), the South African bank controlled by Barclays Plc (BARC), said it has restricted lending and lost market share to avoid increasing bad debt. “Our personal loan book has remained virtually flat over the past year and our market …

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Local Governments Face Severe Debt Pressure

Economic Observer

A research report released by BOC International says that under the worst case scenario, the proportion of loans from government-controlled platforms that go bad could reach 30 percent. This would mean that China’s overall bad loan ratio would increase …

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Suncorp sells $1.6bn loan book to Goldman Sachs for $960m

The Australian

SUNCORP has sold most of its so-called “bad bank” to Goldman Sachs, increasing the likelihood shareholders will be rewarded with greater capital returns at its coming full-year result. After months of speculation about a potential deal, Suncorp today …

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Bad debts still rising for banks in Italy’s Lombardy-BOI

Reuters

At the end of last year, new non-performing loans were equal to 2.8 percent of overall lending for companies based in the region, up from 1.9 percent in 2011, a report published by the central bank showed. Leading indicators on loan quality have so far …

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Slovenian exports soar but bad loans feed bailout fears

The Star Online

REUTERS/Srdjan Zivulovic However, bad loans in local banks – the root of the government’s problems – inched up in the first four months of the year, …

Slovenian exports soar but bad loans feed bailout fears

AsiaOne

Positive Slovenia (PS) leader Alenka Bratusek speaks during a news conference after the parliament dismissed Slovenia’s Prime Minister Janez Jansa’s ruling …

Slovenian exports soar but bad loans feed bailout fears

IBTimes.co.uk

However, bad loans in local banks – the root of the government’s problems – inched up in the first four months of the year, and unemployment hit a 20-year …

Home prices soaring back, economists say, but don’t cry bubble yet

Tampabay.com

But the people signing for loans today are often much more qualified, posing fewer risks that a mortgage will go bad. “Everybody who is coming through and …

FSDC panel to discuss rising bad loans issue tomorrow – Economic …

NEW DELHI: A sub-committee of the Financial Stability and Development Council (FSDC) is likely to discuss asset quality of banks, fraudulent scheme, among …

articles.economictimes.indiatimes.com/…/39691076_1_fsdc-p…

Bad loans pose increasing risk, says China’s central bank|Markets …

China’s central bank said on Friday that bad loan balance had posted the first increase in eight years, warning rising financial risks in a range of sectors. The bad …

www.wantchinatimes.com/news-subclass-cnt.aspx?id…cid…

UPDATE 1-No let-up for Italian lenders as bad debts keep rising

Reuters

The April data show not only that bad debts, which usually lag economic activity by 12 to 18 months, are not falling, but that they are increasing at a faster rate. In March the rate of growth in bad loans stood at 21.3 percent, the highest since …

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Finance secretary says bankers reckless, casual as bad loans rise

Livemint

Mumbai: Bankers are being “reckless” and “casual” towards lending, finance secretary Rajiv Takru said on Wednesday, blaming them for increasing bad loans. The government may increase the maximum penalty possible on banks for breaking rules to …

Takru slams banks for lax loan appraisals

Business Standard

Last week, the Reserve Bank of India (RBI) increased the provisioning requirement for bad loans and restructured advances. All loans restructured after April 1, 2015, will have to be classified as NPA. Also, from this week, the provisioning requirement …

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Indian Official Urges Bankers to “Get Nasty”

Wall Street Journal

Bad loans in India’s banking sector have been rising sharply in recent months as companies are unable to repay borrowings amid slowing economic growth. Fitch Ratings estimates that gross non-performing assets of Indian banks could be as high as 4.2% of …

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Bad loans to soar on new RBI norms – Kashmir Monitor

MUMBAI: The Reserve Bank of India has said that from April 2015 banks will no longer have the leeway to relax repayment norms for troubled companies …

www.kashmirmonitor.in/news-bad-loans-to-soar-on-new-rbi-n…

Bad-loan buffer doubled supporting bank risk drop

Livemint

Tighter regulations will prompt banks to adopt more stringent lending practices, helping rein in increases in bad debt, according to Fitch Ratings and the local unit of Moody’s Investors Service. “This step by the central bank is in the right direction …

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FSDC panel to discuss rising bad loans issue tomorrow – The …

Financial Stability and Development Council is likely to discuss asset quality of banks, fraudulent scheme, among others, at its meeting.

economictimes.indiatimes.com/news/…/20392123.cms

India Tightens Rules for Loan Restructuring

Wall Street Journal

India’s central bank Thursday tightened rules for banks restructuring loans that are in danger of default, in a move that comes as banks grapple with rising bad loans amid a slowing economy. In a news release posted on its website, the Reserve Bank of …

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Profits soar at Royal Bank, CIBC

Windsor Star

… Bank of Commerce announced Thursday higher second-quarter profits amid gains in domestic consumer lending and a decline in provisions for bad loans.

US banks report record earnings of $40.3B

Rochester Democrat and Chronicle

Email; Print; Share. LinkedIn; Tumblr; StumbleUpon; Reddit; Del.icio.us; Digg. A; A. U.S. banks report record quarterly earnings due to fewer losses from bad loans and increased income from fees. / Mark Lennihan AP. USA Today. by USA TODAY. USA Today …

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Wenzhou success against bad loans

ecns

The rate of bad loans increased from 0.37 percent in July 2011 to 4.01 percent in March 2013. In order to deal with the problems of leftover bad loans and assets, the city government carried out a series of measures. “The city government has been keen …

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As corporate loans sour, banks step up retail lending

Hindu Business Line

Driven by lower credit off-take and increasing bad loans in the corporate segment, banks are now trying to aggressively build their retail advances portfolio. So if you are planning to take a home, car or personal loan, the rates could become more …

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Bank of Portugal says bad loan impairments far from over

Reuters

LISBON May 28 (Reuters) – Portugal’s deep recession means credit risks will persist for the country’s lenders, even if levels of bad loans in the banking system have fallen since early last year, its central bank said on Tuesday. The Bank of Portugal …

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Wenzhou success against bad loans

China Daily

… carried out a series of measures. “The city government has been keen to control the newly increasing bad loans and solve the existing problems in certain enterprises with restructuring and regular risk monitoring,” said an official from the city …

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Nationwide profits soar despite bad debts

The Independent

But the mutual suffered a huge increase in bad-debt provisions for its loans on commercial properties. These more than doubled from £247m to £493m, …

Regional firm for bad loans to be established

China Daily

Shanghai Securities News cited an unnamed official from the finance office as saying that the company would help control the increasing ratio of bad loans in Jiangsu province, without elaborating. He said the asset management company would be launched …

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Banks see increased profits in 3rd quarter

Himalayan Times

KATHMANDU: Profits of commercial banks have almost increased by half as they have enjoyed fewer bad loans in the third quarter. Class ‘A’ financial institutions have recorded profit growth of 45 per cent by the third quarter of the current fiscal year, …

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Bad loans at four-year high|Economy|chinadaily.com.cn

Bloomberg reported the figures also mean that bad loans have now increased for a sixth straight quarter – the longest deterioration streak in at least nine years.

europe.chinadaily.com.cn/business/…/content_16502478.htm

Gold loan company Manappuram Finance shares dip

TruthDive

This is the lowest since July 2009 on the Bombay stock exchange. It reported a loss of Rs 141 crore in the last quarter ended March 31, 2013 due to rising bad loans and lesser income from operations. The non-banking finance company (NBFC) had last year …

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Gold loan NBFCs drop after poor quarter numbers

Livemint

Mumbai: Shares of gold loan companies Manappuram Finance Ltd and Muthoot Finance Ltd fell on Thursday after the firms reported weak March-quarter earnings because of rising bad loans. Manappuram’s stock fell as much as 8% on the BSE in intra-day …

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Standard Chartered shares dip on investor’s bad loan worries

CITY A.M.

Speaking at a conference in Las Vegas, Carson Block from Muddy Waters also argued the bank could see rising bad loans. The warnings come after the bank reported disappointing first quarter profit figures. Its shares dropped more than three per cent …

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Earnings of state-run banks hit as bad loans rise

Livemint

Indian state-run banks are reeling under rising bad loans as high interest rates, clearance delays for projects and a continuing slowdown in the domestic markets have hit the repayment ability of individual and corporate borrowers. At 2.57pm, BoB was …

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Bankers whisper Spain’s bailout bill could rise

EITB

These banks and healthy ones alike are increasingly vulnerable to rising bad loans, especially among small company borrowers, as the Spanish economy worsens. For now, that is mainly seen as a threat to earnings. While most banks maintain they have …

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Bad loans in Eastern Europe hurt Bank Austria profits

Europe Online Magazine

Vienna (dpa) – Bank Austria said Monday that its net profit fell 29 per cent to 285 million euros (370 million dollars) in the first quarter, which was characterized by rising provisions for bad loans in Central and Eastern Europe. Writedowns for bad …

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Consumer loans grew faster in ’12

Inquirer.net

The increase in auto and credit card loans also led to a rise in the exposure of banks to bad debts as some borrowers could not promptly pay back what they owe. But the rise in housing loans did not lead to an increase in defaults as homeowners were …

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Earnings of state-run banks hit as bad loans rise

Livemint

Indian state-run banks are reeling under rising bad loans as high interest rates, clearance delays for projects and a continuing slowdown in the domestic markets have hit the repayment ability of individual and corporate borrowers. At 2.57pm, BoB was …

See all stories on this topic »

Bankers whisper Spain’s bailout bill could rise

EITB

These banks and healthy ones alike are increasingly vulnerable to rising bad loans, especially among small company borrowers, as the Spanish economy worsens. For now, that is mainly seen as a threat to earnings. While most banks maintain they have …

See all stories on this topic »

Bad loans in Eastern Europe hurt Bank Austria profits

Europe Online Magazine

Vienna (dpa) – Bank Austria said Monday that its net profit fell 29 per cent to 285 million euros (370 million dollars) in the first quarter, which was characterized by rising provisions for bad loans in Central and Eastern Europe. Writedowns for bad …

See all stories on this topic »

Consumer loans grew faster in ’12

Inquirer.net

The increase in auto and credit card loans also led to a rise in the exposure of banks to bad debts as some borrowers could not promptly pay back what they owe. But the rise in housing loans did not lead to an increase in defaults as homeowners were …

See all stories on this topic »

UPDATE 1-Slovenia moves ahead with bank overhaul to avoid bailout

Reuters

… successive governments shied away from selling the banks and other state companies. But when the global crisis hit, rising bad loans exposed a culture of cronyism and corruption in which state banks made risky loans to politically connected …

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Lower bad loans give HSBC a big Q1 profit boost

South China Morning Post

LONDON (AP) — HSBC PLC, Europe’s biggest bank by market value, saw its profits more than double in the first quarter as it booked fewer bad loans than in the same period last year and reaped the benefits of recent restructuring measures. The bank …

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Valley Auto Loans Announces 25% Increase in Number of Bad Credit Auto …

Watch List News (press release)

More and more bad credit auto loans shoppers are now coming to http://valleyautoloan.com/ to solve their car credit related concerns. Valley Auto Loans’ monthly business report for the month of April reveals a 25% rise in the number of bad or no credit …

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Local banks’ bad debt spikes this year

Yonhap News

Banks’ delinquency ratio for home lending has been on the rise amid the slumping property market and the economic slowdown. An increase in bad debt means that banks should allocate higher reserves to cover possible loan losses, crimping their earnings.

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Valley Auto Loans Announces 25% Increase in Number of Bad Credit Auto …

PR Web (press release)

More and more bad credit auto loans shoppers are now coming to http://valleyautoloan.com/ to solve their car credit related concerns. Valley Auto Loans’ monthly business report for the month of April reveals a 25% rise in the number of bad or no credit …

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As you have noticed from the international news links across the globe, the problem of bad loans and toxic assets is a never ending problem that every bank has to deal with.

Fact is, banks and financial institutions will never stop giving loans to businesses, notwithstanding the inevitable problem of bad loan/debt, because, that is their major source of income

And the inevitable problem of bad loans/debts would continue to occur.

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