How to pronounce“npl”in English

npl has gotten fascinated with this uh question of cyber because we as a

npls get too big the government will simply set up another big b bad bank and move the npl into that now at the same time these Banks should be acting more

corporate npl issues so one of the aspects of baso 3 is actually changing the way Banks make Provisions um instead of using you know provision as you go

the npls in China do go up rapidly yeah we fleshed earlier that one of your top Holdings is s Pacific 8 and a half% allocation down 12% so far this year

also takes npl stress off the banks because the areas that had bad cash flow in the Upstream part of the economy are now doing better so we've upgraded our

54% of the npl base is now treated however you know with the time that has

equity and npl so I think the issue a big leverage rati so right now I think we're okay so it's not an emergency now what does it mean though now it's the