Banks are accelerating debt recovery and asset liquidation to contain bad loans and bolster profits as net interest margins ...

MILAN, Feb 23 (Reuters) - Shares in Italian debt recovery company doValue DOVA.MI fell early on Friday after it reported a 19 million euro ($20.57 million) net loss for 2023, hit by a 10% drop in ...

Aiming to make money from the nation's growing bad debt, China Renaissance Holdings Ltd. (1911.HK) is among those trying their luck in a new role as bill collectors. But bad debt recovery is no easy ...

The last few years have not been fun financially for many people. Whether it was job loss, rising inflation, high-interest rates or unexpected expenditures, your pocket has taken so many hits, it is ...

Running a business involves risk, but unpaid invoices shouldn’t be the gamble that sinks your ship. Bad debt—money owed to ...

The Managing Director of LivingTrust Mortgage Bank Plc, Dr. Adekunle Adewole, has canvassed a synergistic relationship between banks and the police to ensure a more effective and less rancorous ...

With the cost of living soaring and many struggling to get a pay rise, it’s not surprising people are using debt to navigate life’s financial twists and turns. Owing money can sometimes feel ...

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...