Impaired loan: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Sources: linked pages.) |
(No difference)
|
Revision as of 15:32, 30 October 2016
Banking.
In relation to loans advanced by the bank, an impaired loan is one where the bank:
- Does not expect to collect all the contractual cash flows; or
- Does not expect to collect them all on their due dates.