KUALA LUMPUR: PricewaterhouseCoopers Malaysia (PwC) expects the sale of non-performing loans (NPLs) to grow further as more banks realise the benefits of such transactions, its senior executive director Lee Chui Sum said. She said currently, loans that had been non-performing for more than seven years and that were collateralised by real estate were fully provisioned in the banks’ books as a matter of prudence.
(14-01-2008 The Edge)
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