Credit unions are more open to serious bad debt problems than other financial institutions. |
Under Government supervision, banks will set guidelines to deal with financially crippled borrowers and get rid of their bad debt. |
Canada did not turn a blind eye to its lending institutions as they passed around bad debt like a hot potato. |
That's one reason the industry is stepping up efforts to manage the bad debt. |
Although analysts are bullish on the banks, it would be all too easy for bad debt jitters to blot their copy books. |
He also warned against taking the company's bad debt provisions at face value. |