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Thai Corporate-Liquidation Agency to Close in June, Issue 8,000-Page Report.
Byline: Nuntawun Polkuamdee
Apr. 4--The Financial Sector Restructuring Authority, a state agency set up in 1997 to oversee the liquidation of 56 defunct finance companies, plans to shut down operations in June.
Finance One, the last and largest of the 56 companies, was formally declared bankrupt and placed in receivership on Tuesday, marking the end of the agency's work.
Montri Chenvidyakarn, the FRA secretary-general, said he was proud of the agency's overall performance.
"Working at the FRA has been a good experience... I'm proud that we have given 100 percent effort to the job, with everyone working with fairness, efficiency and in ...
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...rating agency estimates that the average recovery rate for secured loan creditors in the U...syndicated loans have about an 82% recovery rate. The recovery times, however, are...for the two countries. The U.K. recovery rate figure is the first actual number ever...
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...achieving an average recovery rate of 74 percent as at September 30, excluding...performing loans with a 100 percent recovery rate amounted to RM2.389 billion...outstanding loans has a recovery rate of 93 percent (RM6.891 billion...
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...defaults averaged an "impressive" recovery rate of 87%, the rating agency reported...that were already in default, the recovery rate fell from 58% to 54%. Among commercial...second quarter of last year, but their recovery rate was even more impressive than that...
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- China to launch inspection on coalmine recovery rate.
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...launch inspection on coalmine recovery rate Shanghai. May 12. INTERFAX...an inspection into the coal recovery rate in local mines. According...all inspections into the recovery rate should be completed by the...
- Recovery rate of Mayapada credits increases. (Corporate Finance).(PT Bank...
- Newspaper article from: Indonesian Investment Highlights October 1, 2002 700+ words
...Bank Mayapada International succeeded in increasing the recovery rate of current credits to 84.37% or Rp788.68 billion of its total credit of Rp934.79 billion. The recovery rate of its credit in the category of special attention is 10...
- RECOVERY RATE OF ASSETS BY INDONESIA'S IBRA AVERAGES 25%.
- News wire article from: AsiaPulse News July 18, 2002 700+ words
...IBRA) said it hopes only to have a recovery rate of 25 per cent for the credit assets...property credits. Syafruddin said the recovery rate of the assets drops from time to time...clear, he said. Since 2000, the recovery rate of property credit assets averaged...