Sentences with phrase «loans at fire sale prices»
Not exact matches
The latter is often practically impossible to do at short notice, or even if it is possible, may only be able to be carried out by selling the assets (such as loan portfolios) at fire - sale prices.
https://www.rba.gov.au/
Because of the vast number of problem loans on their books, some lenders want appraisers to value troubled assets at unreasonably low levels in order to serve their agendas of «dumping» troubled assets at fire - sale prices.