Pre-provision operating profit (PPOP) is the amount of income a bank or similar type of financial institution earns in a given time period, before taking into account funds set aside to provide for ...

[Asia Economy Reporter Minwoo Lee] Recent measures by financial authorities instructing commercial banks to increase their loan loss reserves are analyzed to have little accounting impact. Unlike loan ...

Santander, Sabadell, Bankinter report 9-mth earnings Results due out before Madrid market open Profits seen up on lower provisions Net interest income seen falling MADRID, Oct 24 (Reuters) - Santander ...

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 ...

RABAT, March 24 (Reuters) - Morocco's BMCE Bank said on Monday its 2013 consolidated net profit rose 33 pct to 1.23 billion Moroccan dirhams ($151.05 million), although it set aside more provisions ...

An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a home that builds equity over time. A car loan can be considered bad debt ...

TORONTO, Jan 9 (Reuters) - Canada's big banks are preparing to set aside more rainy-day funds in the new fiscal year to deal with rising bad debts as their customers struggle with record borrowing ...

JPMorgan Chase ended 2024 with a strong fourth quarter with each line of business posting solid results. Jamie Dimon, Chairman and CEO said: “In Commercial and Investment banking, clients were active, ...

NIC Bank Group’s pretax profit rose 3 per cent in 2015. The lender plans to nearly double its branch network to tap faster growing markets such as retail banking, it said on Wednesday. The mid-tier ...