It said that commercial property loans came to $ 3.1 billion and accounted for most
of its loan impairment charges.
Not exact matches
Earlier this month, CIBC announced it would take a $ 420 - million, non-cash goodwill
impairment charge in the quarter related to the Caribbean, and another $ 123 million
of after - tax
of loan losses.
For most banks,
loan impairment charges as a percentage
of total
loans have been falling, which again means lower
loan losses.
In terms
of provision expenses including
impairment, they represented 3.2 %
of our
loan book this quarter.
The bank now has $ 458 million in
impairments in its agricultural
loan book but a vast majority
of this relates directly to the dairy sector where the future could actually change for the better following a price slump.
See the Department's Policy Statement on Accessibility
of Documents issued under the William D. Ford Direct
Loan Program to Individuals with Visual
Impairments.
This is because book values
of assets (and hence equity) are usually lower than their market value (e.g. due to historical cost convention and
impairment losses) whereas the book value
of debt remains relatively close to its market value (e.g. interest on bank
loan is usually adjusted periodically in line with prevailing market interest rates).
Firstly, Barclays» UK retail and business
impairments fell 35 % to # 536m in 2011, making for a 44bps charge (2010: 70bps), which could enhance the attraction
of any UK
loan books in this segment that the Irish banks attempt to offload.
Optimists will discount further P&L improvement, a reducing
loan impairment problem, and an expanding market multiple — while pessimists will focus on B / I's total equity / total assets ratio
of 6.0 %, and also worry about potential economic reversal in Ireland and / or Europe.
Not surprisingly, the bottom line's still negative, with
loan impairments of almost EUR 1.7 billion swamping operating profit.
«During 2011, the Group recognised an
impairment of $ 379,000 to the carrying value
of loans to associates following a review
of the recoverability
of those assets»
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impairment, American General Life Insurance Company will return all
of your premiums paid up to 50 %
of the policies ultimate face amount less any policy
loan balance and an administrative fee.