Posts filtered by tags: NPL[x]


 

#UAE banks' profits deteriorate; bad loans likely to go up | ZAWYA MENA Edition

UAE banks' profits deteriorate; bad loans likely to go up | ZAWYA MENA Edition Profits of UAE’s top banks continued to deteriorate in the second quarter of the year as interest rates and credit uptake remained low and bad loans grew amid challenging economic conditions.Total interest income of the ten largest banks in the country continued to fall for the third consecutive time by 7.7 percent quarter over quarter, while net income dropped by 3 percent due to lower interest and other operating i...
Tags: Travel, Uae, NPL, Rupert Neil Bumfrey, Alvarez Marsal


Banking outlook: Kuwaiti banks to post lower profits, deposit growth to plunge | ZAWYA MENA Edition

Banking outlook: Kuwaiti banks to post lower profits, deposit growth to plunge | ZAWYA MENA Edition:Kuwait’s banking sector will continue to face pressure in terms of profitability and asset quality for the rest of the year, said Markaz.Kuwait Financial Centre’s recent report gave an indepth insight into the impact of COVID-19 credit demand, deposit growth, and net interest margin for the banking sector, as well as non-performing loans (NPL) and profitability prospects over the coming quarters.P...
Tags: Travel, Kuwait, NPL, Rupert Neil Bumfrey, Markaz Kuwait Financial Centre


NPL scientists design a simple, low-cost ventilator

Scientists and engineers from the National Physical Laboratory have created a low cost and easy-to-manufacture ventilator design, in response to the need for affordable ventilator technologies in emerging markets.
Tags: Health, NPL


Deals We Love This Week: Great Jackets up to 50% Off

A Variety of Brands I try to keep an eye out for good deals each and every week, and this week there are some seriously good deals on motorcycle jackets in Revzilla’s weekly deal roundup. The deals range from 20 percent off to 50 percent off. That translates to somewhere between $46 and $180 off, depending on the jacket. If you’re in need of a good motorcycle jacket, then now might be a great time to buy one. These deals are a part of Revzilla’s weekly deals, which means they won’t likely stay ...
Tags: Motorcycles, NPL, YKK, RevZilla, Dundee Scotland, Halley Stevensons, Revzilla Scorpion EXO, Variety of Brands, Revzilla Icon Automag, Scorpion Ravin Jacket, Exo Stitch, Revzilla Merlin Kingstone


Market Review: "Iraq, Oil Prices and the Coronavirus"

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. "The herd instinct among forecasters makes sheep look like independent thinkers" -- Edgar Fielder The crash in oil prices, brought on by the oil price war between Russia and Saudi Arabia, and the collapse in consumption due to COVID-19, seems like the perfect storm to hit Iraq given its vulnerabilities to such exte...
Tags: Isis, News, Saudi Arabia, China, Iraq, Russia, US, Opec, Bloomberg, IEA, Brent, Iraq Business News, Cnbc, Imf, Mena, International Energy Agency IEA


NPL to support companies developing and manufacturing ventilators

The National Physical Laboratory, in its role as the UK’s National Metrology Institute, has been supporting industry for 120 years by maintaining the national and primary measurement standards and related services.
Tags: Health, UK, NPL, National Physical Laboratory, National Metrology Institute


Turkey: BRSA Takes COVID-19 Precautions For Credit Defaults - Esin Attorney Partnership

The 90 days default period for loans to be classified as non-performing loans (NPL) is now 180 days.
Tags: News, Turkey, NPL, Credit Defaults Esin Attorney Partnership


European Union: Implementation Of Prudential Backstop – Amendments To The CRR As Regards Minimum Loss Coverage For NPEs - Hogan Lovells

In 2019 the non-performing loan (NPL) ratio of the EU banking sector declined to 3%. At the same time, both EU legislators and the European Central Bank (ECB)...
Tags: News, Eu, European Union, Hogan Lovells, NPL, Prudential Backstop


Trump Administration Completes Fewest Toxic Superfund Cleanups in More Than 30 Years

(WASHINGTON) — The Trump administration completed the fewest cleanups of toxic Superfund sites last year than any administration since the program’s first years in the 1980s, figures released by the Environmental Protection Agency indicated Wednesday. The federal government wrapped up cleanups at six Superfund sites around the country in the 2019 budget year, the fewest since three in 1986, EPA online records showed. The Superfund program was born out of the 1970’s disaster at Love Canal in...
Tags: New York, News, Obama, Congress, Washington, White House, Environment, Uncategorized, Barack Obama, Ap, Epa, Donald Trump, Environmental Protection Agency, Trump, NPL, Overnight


#UAE banks gearing up to chase Indian defaulters | Banking – Gulf News

UAE banks gearing up to chase Indian defaulters | Banking – Gulf News:Leading UAE banks are understood to be initiating legal action against Indian borrowers who skipped their loan repayment and moved to India.During the last few years, starting 2016, a number of Indian businessmen and salary earners have left the country leaving behind a trail of loan defaults following stress in the small and medium enterprises (SME) sector which resulted in a domino effect in terms of business failures and jo...
Tags: Travel, India, Uae, NPL, Rupert Neil Bumfrey


Guest post by Prof. Chien: Comparative Patent Quality and the Prior Art Gap

Guest post by Colleen V. Chien, Professor, Santa Clara University Law School. This post is the third in a series about insights developed based on USPTO data. “If we could further narrow this gap in prior art between examination and litigation, then the accuracy of the patent grant – and therefore, its reliability – would increase.” – Director Andrei Iancu As Congress charts its path for the rest of the year, many in the patent community are eagerly awaiting new legislation on patentable subject...
Tags: Google, Supreme Court, Law, Congress, Senate, Office, US, Commission, Uspto, Patent, Wasserman, NPL, Examiner, IPR, Patent Trial and Appeals Board, PTAB


Cyprus: Sale Price For NPL Secured Assets - Elias Neocleous & Co LLC

The 2013 banking crisis brought to light the serious issue of Cyprus banks carrying on their balance sheets substantial provisions for NPLs which adversely affected the banking sector's profitability and sustainability.
Tags: News, Cyprus, NPL, Co LLC, Elias Neocleous


#AbuDhabi's ADIA unit partners with India's Kotak Investment to launch fund | ZAWYA MENA Edition

Abu Dhabi's ADIA unit partners with India's Kotak Investment to launch fund | ZAWYA MENA Edition:Abu Dhabi's sovereign wealth fund said on Thursday its subsidiary was launching a fund with India's Kotak Investment Advisors.The fund will target a range of non-performing loan (NPL) opportunities in India, ADIA said in a statement.The fund will "target both pre-stress and distressed opportunities, with a key focus on providing financial support to pre-stress businesses to prevent them from entering...
Tags: Travel, India, Abu Dhabi, NPL, ADIA, Rupert Neil Bumfrey, Abudhabi, Kotak Investment, Kotak Investment Advisors


GAO-19-123, Superfund: EPA Should Improve the Reliability of Data on National Priorities List Sites Affecting Indian Tribes, January 23, 2019

What GAO Found The Environmental Protection Agency (EPA) does not have reliable data identifying National Priorities List (NPL) sites that are located on tribal property or that affect tribes....
Tags: Epa, GAO, Environmental Protection Agency EPA, NPL, Reliability of Data


Newcastle Jets' Kaine Sheppard pens one-year contract extension

Sydney FC have defeated Newcastle 1-0 at the Jubilee Stadium thanks to an own-goal by the Jets' Nigel Boogaard. Melbourne Victory fought their way back from a 3-1 deficit to clinch a draw with Wellington Phoenix at AAMI Park. The A-League's bottom two couldn't be split as Central Coast Mariners and Brisbane Roar played out a draw. Melbourne City and Perth Glory failed to break the deadlock as Glory extended their lead at the top of the table to four poin...
Tags: Australia, Football, Sport, Story, Newcastle, Jets, Espn, Brisbane Roar, Western Sydney Wanderers, Central Coast Mariners, Sydney FC, Matildas, Newcastle Jets, Perth Glory, Australian A-League, Melbourne City


Market Review: Telecoms dial up Recovery

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Average daily turnover in November continued to improve, increasing 24% on the back of October’s 24% month-on-month growth. However, the recovery is coming from an incredibly low base and still shows the average daily turnover in-line with the dismal levels of September, which were among the lowest for some time (chart...
Tags: Isis, News, Iraq, US, Iraq Business News, Mena, Mark, Mosul, Twain, NPL, TASC, American University of Iraq Sulaimani AUIS, Iraq Stock Exchange ISX, Ahmed Tabaqchali, CIO of Asia Frontier Capital AFC Iraq Fund, Tabaqchali @AMTabaqchali


Ireland: Regulating Loan Owners: Proposed Amendments To The Credit Servicing Regulatory Regime - Walkers

The sale of non-performing loan ("NPL") books by Irish banks has been the subject of intense political and media scrutiny for a number of years due to the perceived impact of the sales of such loan books on underlying borrowers, particularly consumer and small and medium enterprise ("SME") borrowers.
Tags: News, Ireland, NPL, Credit Servicing Regulatory Regime Walkers


United States: First Vapor Intrusion Superfund Sites Listed By EPA - Smith Gambrell & Russell LLP

In 2017, EPA finalized a rule that updated its HRS, used to determine when to add contaminated sites to the NPL, to allow ranking of sites based on subsurface intrusion, including both vapor and water seepage
Tags: News, United States, Epa, NPL, Russell LLP, EPA Smith Gambrell amp


Market Review: “Feast or Famine”

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The uncertainty that has prevailed over all economic activity during the last few months is finally coming to an end in a typical Iraqi fashion- extremes of either feast or famine. The parliamentary elections in May, having yielded no clear winner, led to a multi-month paralysis during which the election results were c...
Tags: Isis, News, Iraq, US, Iraq Business News, Mena, Basra, NPL, IFRS, Mansour Bank BMNS, American University of Iraq Sulaimani AUIS, Rabee Securities, Ahmed Tabaqchali, CIO of Asia Frontier Capital AFC Iraq Fund, Bank of Baghdad BBOB, Credit Bank of Iraq


United States: ECB Targets Non-Performing Loan Provisions In 2021 Supervisory And Evaluation Process - Jones Day

The ECB identified the reduction of NPL exposures as a supervisory priority and provided guidance on provisioning backstops.
Tags: News, United States, Ecb, NPL


Brooklands Radio raises money for local hospice

Online community station Brooklands Radio is raising money for a local hospice with one-day family-friendly event. The station is teaming up with The Nomad Theatre in East Horsley to present ‘Surrey Showcase’ with a line-up of music, dance, drama, spoken word, circus skills and magic. As well as co-organising the showcase, Brooklands Radio will be broadcasting live from the theatre throughout the event. Brooklands Radio will be donating money to their long-time charity partner, Woking and Sam...
Tags: Radio, NPL, Woking, Community Radio, Horsley, Brooklands Radio, Surrey Showcase, Sam Beare Hospices, Nomad Theatre Group


Market Review: “Frenzies and Market Bottoms”

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market, as measured by the RSISUSD index, marked an important bottom in July as part of a likely bottoming process.*The multi-month bank selling shifted into high gear. This intensified into a frenzy, climaxing by the middle of the month with the liquidation of a large foreign position in the Bank of Baghdad (BBOB)...
Tags: Isis, News, Iraq, US, Bank, Iraq Business News, Baghdad, Mena, Gw, Basra, NPL, American University of Iraq Sulaimani AUIS, Iraq Stock Exchange ISX, Rabee Securities, Ahmed Tabaqchali, CIO of Asia Frontier Capital AFC Iraq Fund


Cerberus buys controlling stake of Officine CST

Cerberus said July 6 that it agreed to buy 57 percent of Officine CST SpA. Financial terms weren’t announced. Gianpiero Oddone, Officine’s founder and CEO, and other shareholders, were the sellers. Officine, or Rome, provides credit management services to large enterprises such as banks, institutional investors, utilities, and multinational companies, as well as small and medium sized enterprises. PRESS RELEASE LONDON and ROME, July 6, 2018 /PRNewswire/ — Cerberus Capital Management and its affi...
Tags: Europe, London, Trends, PA, Rome, Italy, National Health Service, Cerberus, Roberto Nicastro, NPL, Public Administration, Cerberus Capital Management, PE Deals, REO, Associati, Vitale Co


Market Review: “Of Banks and Budget Surpluses”

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Activity in the economy at large, and the market in particular, came to a virtual standstill at the start of the month as it coincided with last two weeks of Ramadan which ended with the Eid holiday’s in the middle of June. The start of the summer heat in earnest further contributed to the slowdown of activity. However...
Tags: Isis, News, Iraq, US, Iraq Business News, Baghdad, Imf, Mena, NPL, IDP, Supreme Federal Court, American University of Iraq Sulaimani AUIS, Ahmed Tabaqchali, CIO of Asia Frontier Capital AFC Iraq Fund, Tabaqchali @AMTabaqchali, Credit Bank of Iraq


Market Review: Market Consolidates & Banks Correct

By Ahmed Tabaqchali, CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The market’s consolidation continued for the second month running with both turnover and the market continuing to decline. Average daily turnover declined by about -57% from that of the prior month, itself down about -15% from the preceding month. The market, as measured by the RSISUSD Index, paced these declines, down...
Tags: News, Iraq, US, Cbi, Iraq Business News, Baghdad, Mena, Pepsi, Central Bank of Iraq CBI, Central Bank of Iraq, NPL, Commercial Bank, Asiacell TASC, American University of Iraq Sulaimani AUIS, Ahmed Tabaqchali, CIO of Asia Frontier Capital AFC Iraq Fund


Brisbane Roar sign NPL Queensland sensation Dylan Wenzel-Halls

Victory's Besart Berisha has responded to those who have been questioning his form of late. Victory's Besart Berisha is confident the experience within the team will help them win the Grand Final. Brisbane Roar have further bolstered their attacking arsenal with the recruitment of state-league goal machine Dylan Wenzel-Halls. Days after signing fringe Socceroos striker Adam Taggart from Perth Glory, the Roar have locked in some impressive back-up in the form of the 20-year-ol...
Tags: Football, Sport, Story, Queensland, Transfers, Ipswich, Brisbane Roar, Australian A-League, Socceroos, Besart Berisha, NPL, Adam Taggart, Dylan Wenzel Halls, Dylan Wenzel Halls Days, Wenzel Halls, NPL Queensland


GCC Islamic banks to maintain improved asset quality and profitability | ZAWYA MENA Edition

GCC Islamic banks to maintain improved asset quality and profitability | ZAWYA MENA Edition:"The credit fundamentals of Islamic banks operating in the Gulf Cooperation Council countries have converged with those of their conventional peers and they should maintain their improved asset quality and profitability in the coming year, Moody's Investors Service said. However, the Islamic banks' still high loan concentration to real estate-related sector and higher asset growth remain key moderating fa...
Tags: Travel, GCC, Gulf Cooperation Council, Moody, Moody s Investors Service, NPL, Rupert Neil Bumfrey, Nitish Bhojnagarwala, GCC Islamic, Gulf Cooperation Council Islamic


Brisbane Roar finally establish headquarters in Logan

Brisbane withstood a late barrage from Sydney to hold on for the win, but it was David Carney leaving after half-time and Alex Brosque spitting towards the referee that caused some controversy. After 13 years as footballing nomads, Brisbane finally have a place to call home. And long-serving captain Matt McKay is hopeful the A-League club's new $9 million training and administrative headquarters in Logan can help spur them onto an unlikely finals appearance. The Roar have officially unveil...
Tags: Football, Sport, Story, Sydney, Brisbane, Brisbane Roar, Australian A-League, Logan, David Carney, NPL, Alex Brosque, Matt McKay, Browns Plains


Market Review: Momentum & High-Quality Leadership

By Ahmed Tabaqchali (pictured), CIO of Asia Frontier Capital (AFC) Iraq Fund. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. The positive momentum which started during the second half of January continued unabated throughout February with both prices and turnover increasing meaningfully. The market, as measured by the RSISUSD Index ended the month up +18.5% and +20.1% YTD. The average daily turnover reached the same levels last se...
Tags: News, Iraq, US, Bloomberg, Hsbc, Afc, Iraq Business News, Kuwait, Baghdad, Mena, Pepsi, NPL, Asiacell TASC, American University of Iraq Sulaimani AUIS, Ahmed Tabaqchali, CIO of Asia Frontier Capital AFC Iraq Fund


Home Prices In Highest-Risk Zips For Environmental Hazards Increased At Faster Pace Than U.S. Average Over Past Decade

Foreclosure Rates Lower in Highest-Risk Zip Codes; Superfund Risk Bucks Trends With Weaker Price Appreciation in Highest Risk Zips Irvine, CA – Feb. 22, 2018 (PRNewswire) ATTOM Data Solutions, curator of the nation’s premier property database, today released its 2017 Environmental Hazards Housing Risk Index, which shows that median home prices in U.S. zip codes in the highest 20 percent for environmental hazard risk appreciated at a faster pace than the overall U.S housing market over the past y...
Tags: Real Estate, News, Washington, Radio, United States, Epa, Houston, Sulfur Dioxide, Portland Oregon, Environmental Protection Agency, Houston Texas, Chicago Illinois, Daren Blomquist, NPL, Real Estate News, Home Prices