Sentences with phrase «loan loss allowance»

Not exact matches

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.

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 %.

Loans and lease financing receivables, net of unearned income and allowance for loan and lease losses

In essence, this allowance can be viewed as a pool of capital specifically set aside to absorb estimated loan losses.

This allowance should be maintained at a level that is adequate to absorb the estimated amount of probable losses in the institution's loan portfolio.

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.