Expert insights: Recovering non-performing bank loans
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Banks are facing an unprecedented rise in non-performing loans (NPLs) in the aftermath of the pandemic; in fact, the IMF reported that Middle East banks had to absorb $180 billion in NPLs and defaults in 2020 alone. Daniel Hall, Hannah Howlett and Christopher Jeffreys spoke to a group of experts about key trends in NPL recovery and the developing secondary market for NPL portfolios.
Keith Hutchison: A series of relatively high-profile corporate frauds, investment collapses and bankruptcies from distressed market conditions (with concentratio…