A non-performing loan (NPL) is a business loan that has stopped generating income for a lender because the borrower has failed to make the required interest
While it remains to be seen whether the requirement to submit a complete application within four weeks after the KrDIG comes into effect will remain in the final KrDIG, firms that carry out business activities that fall within its scope should promptly prepare for compliance and ...
Information on the meaning of each Credit Rating category, including definitions of default, recoveries, Outlooks and Under Review, can be viewed in ‘Rating Definitions – Credit Ratings, Ancillary and Other Services’, published on https://www.scoperatings.com/governance-and-policies/rating-governa...