Discover and read the best of Twitter Threads about #badbank
Most recents (3)
Tra i partner #PontesulloStretto c'è il #CMC col 13%...una Coop Muratori e Cementisti Arl che nel 2012 ottiene un appalto col #Pentagono per 16+ milioni$ ma poi finisce in concordato preventivo nel 2019..ha un debito di 2 miliardi EUR di cui 1/3 legato a 2 bond con varie #badbank 
#Kenya Le autorità chiesero mandati d arresto internazionale per #CMC, l'appaltatore in bancarotta assunto per costruire 2 dighe #Arror-#Kimwarer
Nulla era stato fatto nonostante avesse vinto l'appalto 5 anni prima e 19 miliardi scellini pagati dal Tesoro
nation.africa/kenya/news/pre…
Nulla era stato fatto nonostante avesse vinto l'appalto 5 anni prima e 19 miliardi scellini pagati dal Tesoro
nation.africa/kenya/news/pre…
1/14. A thread on India/China. A rumored but likely authentic notice of #Walmart moving it's "Supplier Enablement Team" from #China to #India has been circulating on Chinese social media. Is this the beginning of business decoupling? A few pointers.
2. First, my understanding is Supplier Enablement team is to help suppliers getting their business efficiently so Walmart has efficiency in its own part of business. It is likely tied to Walmart commitment to source $10 Billion of India-Made Goods Each Year by 2027.
3. But is this a leading event in a significant shift of international businesses moving from China to India? It remains to be seen & an active area of attention. Southeast Asia are the common denominator in many of these supply decisions on the ground.
Putting up a thread on National Asset Reconstruction Company (#NARCL) aka #badbank . Why government is setting this up? How effective this could be to tackle the issue of much rising #NPAs. Tried to simplify as much as I could. Please do retweet for wider outreach.
1/n
Story starts with NPA-Non-Performing Assets. A bad loan is a NPA for which EMI or interest hasn't been paid for 90 or more days after the due date.PSU banks usually give loans without even doing the background check-without checking credit history.
Story starts with NPA-Non-Performing Assets. A bad loan is a NPA for which EMI or interest hasn't been paid for 90 or more days after the due date.PSU banks usually give loans without even doing the background check-without checking credit history.
2/n
Pvt. banks on the other hand are bit conservative about lending money. So, their NPAs are less compared to PSU banks. PSU banks have liberal credit policies and loose terms and conditions of loans. So, NPAs become higher.
Pvt. banks on the other hand are bit conservative about lending money. So, their NPAs are less compared to PSU banks. PSU banks have liberal credit policies and loose terms and conditions of loans. So, NPAs become higher.
