SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: H James Morris who wrote (143655)7/9/2002 6:00:45 PM
From: Victor Lazlo  Read Replies (3) | Respond to of 164684
 
4:15pm 07/09/02
Asian non-performing loan woes up 33% since 2000-report
By Allen Wan
The amount of nonperforming loans held by Asian financial insitutions and governments has soared by 33 percent since 2000 and now stands at an estimated $2 trillion, or 29 percent of the region's combined GDP, according to a report by Ernst & Young. The figures double the amount regional central banks have given. "With nonperforming loans topping $2 trillion and investment capital approaching $100 billion, the nonperforming loan problem in Asia has become a growth industry with the potential to shape Asia's economic landscape for years to come," it said.