Bank Problem Loans Keep Growing
Posted on August 14, 2009
Filed Under Loans |
Bloomberg reports on the growing trend in non-performing loans at U.S. banks [emphasis added below]. Non-performing loans are those that are not making payments of Interest and/or principal. This chart shows the level of bank loans that are not performing. As usual during a recession, the percentage is going up. The left scale shows the percentage and the right scale indicates the number of banks with serious issues. The 1990-91 recession also had significant real estate problems and the
Source:Bank Problem Loans Keep Growing
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