HONG KONG (MarketWatch) -- Australia & New Zealand Banking Group Ltd. warned Monday provisions for troubled loans will exceed consensus analysts' expectations in the fiscal first half. ANZ (ANZ)ANZBY, ...
The mid-tier lender renowned for asset financing said profit before tax rose to 6.4 billion shillings from 6.23 billion shillings in 2014, despite a surge in provisions for bad debts. NIC Bank Group's ...
Kenya Power’s half-year profit has dropped by 16 per cent, weighed down by high provision for bad debts, rising cost of electricity distribution and repayment of loans. The firm reported Sh2.46 ...
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 ...
The Tribunal clarified that disallowance under Section 14A is not warranted when sufficient interest-free own funds are available, reinforcing limits on Rule 8D ...
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