RMII is making good progress on the wind-down of its portfolio of loans in a difficult environment. Lenders are drawing back from higher risk categories and borrowers are resorting to asset disposals in order to repay the loans. Our read of the portfolio is that the overdue loans and those due in H1’25 (39% of the portfolio) will be repaid during 2025. In contrast, the H2’25 loans (27%) are likely to extend into 2026 as exit processes are pursued and that 2026 & 2027 due assets will be exited in ....
