[Asia Economy Reporter Minwoo Lee] Recent measures by financial authorities instructing commercial banks to increase their loan loss reserves are analyzed to have little accounting impact. Unlike loan ...

Sees Q2 provision for bad loans of $60-$80 mln pre-tax Provision related to losses by an energy trading account Says may recover some part of the losses Shares down 60 percent after the bell (Adds ...

Three of Europe's biggest banks have added billions more to their reserves to cover bad debts as they brace for one of the worst global recessions on record. Three of Europe's biggest banks have added ...

MILAN, Feb 19 (Reuters) - Mediobanca lifted provisions for bad debts by 30 percent in the final six months of 2013 as it prepares to incorporate the full impact of an asset health check of euro zone ...

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NIC Bank Group’s pretax profit rose 3 per cent in 2015. The lender plans to nearly double its branch network to tap faster growing markets such as retail banking, it said on Wednesday. The mid-tier ...

Dubai Banks in the country will have to increase provisions for bad debts this year despite the improvement in the UAE's economic growth rate, UAE Central bank governor Sultan Bin Nasser Al Suwaidi ...

NEW YORK (MarketWatch) -- Exchange-traded futures and options brokerage MF Global said Thursday that it would take a $141.5 million bad debt provision after one of its representatives trading in wheat ...

Kenya’s biggest bank by assets, KCB Group Plc, posted a 20% drop in first-half profit after it set aside more money to cover delinquent loans. The lender more than doubled loan loss provisions to 10.2 ...

The government plans to allocate around 10 billion baht to address non-performing loans (NPLs) among individual borrowers, ...

NAIROBI, Aug 23 (Reuters) - Kenya's KCB Group KCB.NR, a top two lender, on Wednesday reported a 20% drop in its pretax profit for the first half of this year, weighed on by a jump in provisions for ...