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21:15 Feb 8, 2012
Polish to English translations [PRO] Bus/Financial - Finance (general)
Polish term or phrase:nietrafione kredyty
Do typowych ryzyk, którym podlegają podmioty z obszaru shadow banking (instytucje non-banking, parabanki itp.) należą: nietrafione kredyty i pożyczki
Explanation: Definition of 'Non-Performing Asset - NPA '
A classification used by financial institutions that refer to loans that are in jeopardy of default. Once the borrower has failed to make interest or principal payments for 90 days the loan is considered to be a non-performing asset.
Definition of 'Nonperforming Loan - NPL'
A sum of borrowed money upon which the debtor has not made his or her scheduled payments for at least 90 days. A nonperforming loan is either in default or close to being in default. Once a loan is nonperforming, the odds that it will be repaid in full are considered to be substantially lower.
In order for banks to stay in business, they need to closely manage their percentage of unsuccessful loans. For that reason, it’s understandable why banks are so methodical when it comes to lending money!