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Some 10% of bank loans remain bad.
But mortgage and business loans remain stagnant.
The absolute volumes of bad loans remain low.
Recent evidence suggests many of these loans remain unpaid.
Each year, rents and bills go up, but wages and loans remain the same.
Even so, bad loans remain a serious problem, accounting for almost one-fifth of the total.
Similar(6)
As the economy recovers slowly, demand for loans remained stagnant.
Mr. Scalzo agreed and the loans remained under wraps.
But now it faced foreclosure, as large construction loans remained unpaid.
Despite the warning, the FCA said interest-only loans remained "right for certain people".
Annual accounts since then show these loans remained on the companies' books unchanged every year.
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CEO of Professional Science Editing for Scientists @ prosciediting.com