The Lee Jae Myung administration launched on Wednesday the “New Leap Fund” bad bank program aimed at buying up and writing ...

An NBFC's claim for on an irrecoverable loan was allowed by the ITAT, which overturned the disallowance. The court ruled that non-recovery of a business loan differs from a loan waiver, qualifying the ...

The crypto lender issued a no-liquidation account to an unnamed whale on the condition that the account would never go negative, but that plan has backfired. Crypto investment platform CoinFLEX aims ...

In 1999, the Chinese authorities set up asset management companies (AMCs) to help dispose of the banking sectors non-performing loans (NPLs). With the help of Rmb10 billion (US$1.2 billion) from the ...

HIGHLAND PARK, Mich. (WXYZ) — At their regular meeting earlier this week, the Great Lakes Water Authority's board of directors authorized the implementation of bad ...

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 ...

A presentation was given on bad debt write off at the latest meeting of the Corporate Governance and Audit Committee ...

Waystar Holding Corp. (NASDAQ:WAY) is one of the best new stocks to buy right now. On September 16, Waystar reinforced its leadership in AI-powered software by announcing breakthrough innovations at ...

HIGHLAND PARK, Mich. (WXYZ) — The Great Lakes Water Authority (GLWA) Board of Directors voted today to eliminate bad debt recovery amounts for member partner ...

HSBC Holdings Plc has taken the unusual step of getting directly involved in pushing its Hong Kong subsidiary, Hang Seng Bank ...