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# Doctors Hospital is understood to view the drop in net income drop for the period as not unexpected, given that it is still firmly in growth and expansion mode, and incurring investment-related ...
the bank’s result had been supported by trading businesses – which tend to be more volatile – and cuts to provisions for bad debts. “We believe NAB delivered a sound result,” Wiles said.
especially considering potential tax benefits from bad debt provisions and the relatively low returns from selling these debts to asset management companies. On a more positive note, loans classified ...
Core earnings performance was affected by a CA$45 million post-tax provision for expected credit losses (ECL) and a CA$43 million ... realized loss on the sale of debt instruments tied to the ...
While the result beat consensus largely due to lower-than-expected provisions for bad debts and better markets income, investors liked NAB’s cost discipline and the immediacy of returns. Signs of ...
Similarly, a 13 per cent reduction in provisions for bad debts at Rs 1,297 crore helped in the profit growth. Seeking to assuage investor concerns, Chand said this is one of the best quarters from an ...
Similarly, a 13 per cent reduction in provisions for bad debts at Rs 1,297 crore helped in the profit growth. Seeking to assuage investor concerns, Chand said this is one of the best quarters from an ...
Even though a car loan can sometimes be a form of good debt, Orman urges caution. "Remember, if you buy a new car, the second ...
With credit card pain increasing for consumers, it is reasonable to wonder whether to delay 401(k) contributions to reduce credit card limits. But is it wise?
Loan bankers in Europe say that, so far, they have not heard about significant loan loss provisions within their banks.
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