The Bank of Thailand is confident that the nation’s banking system is rock solid despite some worrying dips in loan growth.
The company has now set aside $112.6M in loan loss provisions, up 25% from last year, with $52.2M set aside for lifetime losses on existing loans (up 11% year-over-year) and the remaining $60.5M ...
SAO PAULO (Reuters) - Brazilian state-run lender Banco do Brasil posted on Wednesday an 8.3% increase in its third-quarter ...
DTB Group recorded an 8.4 percent rise in net profit to Sh6.5 billion in the nine months ended September, helped by higher ...
Bank of America said its provision for loan losses in the third quarter was flat versus the prior quarter at $1.5 billion, but was up from $1.2 billion in the year-earlier period. Net charge-offs ...
NYCB posts bigger-than -expected loss in third quarter Records $388 million in charge-offs in office portfolio Shares slide 9% as loan-loss provision jumps four-fold Oct 25 (Reuters) - New York ...
(Reuters) - Several regional lenders allocated loan-loss provisions in the third quarter to cover potential defaults by borrowers grappling with recent hurricanes, primarily in Florida ...
Additionally, a higher loan loss provision, which exceeded their estimate by $24 million, negatively affected EPS by $0.16. These factors were somewhat mitigated by reduced operating expenses.
Additionally, a higher loan loss provision, which exceeded their estimate by $24 million, negatively affected EPS by $0.16. These factors were somewhat mitigated by reduced operating expenses. Navient ...