Canada's Vancouver City Savings Credit Union (Vancity) has a low non-performing loan (NPL) ratio of 0.48%. In the July issue of The Banker in our Top 1000 rankings due to a data inputting error this incorrectly became 48% and Vancity was wrongly included in the high NPL ratio table. We would like to apologise for this error and are happy to set the record straight.
Latest articles from Banker Editor
Singapore and Chi-X sign enter dark joint venture
August 14, 2009Landmark partnership a first for the Asia region
Australian emissions trading scheme falters
August 14, 2009The country’s parliament rejects emissions trading plan