From time to time you will see a small increase in the loans that are overdue. This is however not unusual given the nature and complexity of the loan book.
When a loan is overdue, we actively support each borrower, either to arrange a refinance, repayment or extension for these loans. In the event that we become concerned about any of these loans we would move to default the borrower. In most cases it is just that the borrower is experiencing delays in refinancing or the sale of the property.
Click here for our default policy.