Problem

Bad loans

Other Names:
Loan repayment difficulties
Nature:
From the perspective of a creditor, these are loans whose borrowers are encountering difficulties in repayment. This may be for reasons ranging from the project itself having problems, to the loan funds being used for purposes other than those intended. From the perspective of a debtor, these are loans contracted for bad projects, or onerous interest and repayment terms, or largely dissipated by corruption or incompetence by a previous management regime.
Broader Problems:
Inappropriate loans
Related Problems:
Uncontrolled growth of debt
Problem Type:
D: Detailed problems
Subject(s):
Currency
Credit
Change
Date of last update
01.01.2000 – 00:00 CET