Sentences with phrase «loan loss provisions»
"Loan loss provisions" refers to the amount of money that banks and other financial institutions set aside to cover potential losses from loans that may not be repaid by borrowers. It acts as a safeguard against losses caused by defaults or non-performance of loans. Full definition
Many banks saw improved credit quality in the first quarter of 2011 leading to lower loan loss provisions.
investopedia.com
Specifically, beginning with data for February 2010 and later, the concern is that we will begin to observe a spike in delinquencies - first in the form of «30 - day delinquencies» and gradually in either large increases in loan loss provisions or in the actual onset of foreclosures.
Start with Callidus» loan receivables, which tumbled to CA$ 247.3 million (a drop of 76 percent from CA$ 1.02 billion at the end of 2016), as well as its set loan loss provision of CA$ 217.4 million, which rose 39 percent from CA$ 134.3 million.
The firm's mortgage investment corporation has about 2,400 such loans in its portfolio, with an average size of $ 85,000, and says it maintained a $ 4.3 - million loan loss provision on a $ 214 - million portfolio last year.
This is despite 12 % higher loan loss provisions in the 9M of FY2014 than the previous year.
This has more than offset the benefits of lower loan loss provisions — reducing these provisions frees up more capital.
The bank was able to lower its loan loss provision by 88 % year over year, indicating that management has engineered a dramatic improvement in its problem loan portfolio.
The loan loss provision for the quarter lower was $ 51,000, compared with $ 323,000 a year earlier.
Regulatory control of banks closely monitors lending patterns and loan loss provisions.
Loan loss provisions were generally higher than expected, and future outlook was also negative.
Loan loss provision % has dropped to 58 % in Dec 2013.