DBJ – Non-performing loans were significant, $2.5 billion as at March 2012.

Share This:

Auditor General's Findings

DBJ’s non-performing loans (NPL) grew from $1.1 billion as at March 2010 to $2.5 billion as at March 2012.

The Non-Performing Loans subsequently declined to $897.8 million as at March 2015, mainly due to write-offs – instead of recovery of outstanding loans-  which suggests that DBJ may have difficulty recovering non-performing loan amounts from delinquent borrowers.

Responsive image

Permanent Secretary (current): Audrey Sewell

Breach Category: Resource Management

Permanent Secretary (at breach):

Breach Type: Poor Loan Management

Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments

Most Recent Breaches

DCS – Unidentified lodgments totalling $2.1 million

April 18, 2023 | No comments

View Breach »

Accountant General – Pension Payments Made Without Verifying Life Certificates

April 18, 2023 | No comments

View Breach »

Accountant General – Overpaid Dependents a total of $4.1 million

April 17, 2023 | No comments

View Breach »

ACCOUNTANT GENERAL – Uncleared bank reconciliation items totalling $138.85 million

April 17, 2023 | No comments

View Breach »

MLSS – PATH protracted delay in upgrading the Beneficiary Management Info System

April 17, 2023 | No comments

View Breach »
0
Would love your thoughts, please comment.x
()
x

This site uses cookies to give you the best online experience. By using our site you agree to accept these cookies. Read more about it here.