新2代理网址www.hg108.vip)实时更新发布最新最快最有效的新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

Leong Yam Meng

PETALING JAYA: Although the sale of non-performing loans (NPLs) by banks in the country is rare, it is an area to closely watch for as loan moratoriums draw to an end, according to debt management firm Collectius.

Collectius Malaysia managing director Leong Yam Meng told StarBiz he believes NPL sales is a space to watch for with loan moratoriums coming to an end, as banks will start to have a clearer picture on their NPL positions in the coming months.

The company recently concluded the first NPL transaction involving a bank in Malaysia this year, and the first in the market since CIMB Group Holdings Bhd sold a portion of its NPLs in 2020.

The process, which was endorsed by Bank Negara, involved a global bank in Malaysia selling a portfolio of NPLs to Collectius.

On the sale of NPLs by banks, Leong said: “Albeit rare, we have seen several Malaysian banks prior to the Covid-19 pandemic such as CIMB Group Holdings Bhd, the country’s second-largest banking group, selling a *** all portion of its NPLs in 2020.

“Other than that, in 2019, AMMB Holdings Bhd sold NPLs from its two subsidiaries, AmBank (M) Bhd and AmBank Islamic Bhd, to Aiqon Capital Group Sdn Bhd at a value of RM553.91mil.

Leong added that on the whole, the sale of NPLs has historically been rare in Malaysia and is a tightly controlled process requiring approvals from Bank Negara.

,

皇冠体育规则www.hg9988.vip)是一个开放皇冠网址即时比分、皇冠网址代理最新登录线路、皇冠网址会员最新登录线路、皇冠网址代理APP下载、皇冠网址会员APP下载、皇冠网址线路APP下载、皇冠网址电脑版下载、皇冠网址手机版下载、皇冠体育规则解说的官方平台。

,

“However, the acquisition of NPL we recently made from a global bank on a secured portfolio was the first one to be conducted this year, and was endorsed by the central bank.”

As to whether the company is in discussion with other banks in Malaysia to buy NPLs, he said Collectius is always in touch with banks and discussions are ongoing but closing a debt sales deal may take eight months to a year.

Compared to last year, he said there are fewer banks in discussion to sell their NPLs as they are not in a rush and are monitoring the global economic situation closely.

However, he said the company foresees the closure of a deal by the fourth quarter of this year or in the first quarter of 2023.

Global banks, he said, are also undertaking mergers and acquisitions (M&As) which may lead to the disposal of NPL accounts that are long overdue.

Local telecommunication giants too have started M&As and this show how large companies are consolidating their presence to increase competitiveness, he noted.

While NPLs at telcos may not be as high as banks in terms of ticket size, he said there is a possibility of them also disposing of bad debt accounts to clear their books.

Allbet Gaming声明:该文看法仅代表作者自己,与www.allbetgame.us无关。转载请注明:新2代理网址(www.hg108.vip):All eyes on non-performing loans
发布评论

分享到:

哈希竞彩游戏(www.hx198.vip):Weakening demand seen for gold jewellery
你是第一个吃螃蟹的人
发表评论

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。