non-performing loans (NPLs)

What is non-performing loans (NPLs)?

non-performing loans (NPLs) definition and meaning on Finance terms:
Under paragraph 145 of Annex V of the EBA ITS on Supervisory Reporting, these are loans that satisfy either or both of the following criteria: (a) material exposures which are more than 90 days past due; (b) the debtor is assessed as unlikely to pay its credit obligations in full without realisation of collateral, regardless of the existence of any past-due amount or of the number of days past due. <