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                    [ArticleID] => 137026
                    [Title] => Banks want scheme to recover bad loans
                    [Summary] => With banks facing a rising incidence of loan defaults, banking industry leaders said government should adopt a mechanism that would allow banks to recover what they could from bad loans.


Banking experts said that more mature markets in developed economies have long developed mechanisms by which banks are still able to recover non-performing loans.


Development Bank of the Philippines (DBP) chairman Vitaliano Nañagas II, said schemes such as asset management would emerge naturally as the banking sector evolves and matures.


                    [DatePublished] => 2001-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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TOKYO SOWA BANK

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                    [ArticleID] => 137026
                    [Title] => Banks want scheme to recover bad loans
                    [Summary] => With banks facing a rising incidence of loan defaults, banking industry leaders said government should adopt a mechanism that would allow banks to recover what they could from bad loans.


Banking experts said that more mature markets in developed economies have long developed mechanisms by which banks are still able to recover non-performing loans.


Development Bank of the Philippines (DBP) chairman Vitaliano Nañagas II, said schemes such as asset management would emerge naturally as the banking sector evolves and matures.


                    [DatePublished] => 2001-10-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Banks want scheme to recover bad loans

By Des Ferriols | October 18, 2001 - 12:00am

With banks facing a rising incidence of loan defaults, banking industry leaders said government should adopt a mechanism that would allow banks to recover what they could from bad loans. Banking experts said that...

Business