Sentences with phrase «allowance for loan loss»
It has set its allowance for loan losses at 2.2 % of finance receivables, while its peers only reserve from 0.5 % to 1.4 %.
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It also means setting up allowances for valuation against potential losses resulting from claims currently before the court, environment liabilities, employee future benefits, aboriginal land claims, concessions relating loans and loan guarantees, tax receivables and payables, among others.
Loans and lease financing receivables, net of unearned income and allowance for loan and lease losses
In addition to reviewing loan classifications, the examiner should ensure that the institution's allowance for loan and lease losses provides adequate coverage for probable losses inherent in the portfolio.