BANGALORE, Aug 27 (Reuters) - Conn's Inc posted a lower-than-expected quarterly profit as margins dropped and it set aside more money to cover losses from receivables, and the specialty retailer cut ...
Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...
Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances. Bad debt is usually ...
Banks operating in Ghana wrote-off GH¢ 1.39 billion as bad debt in the 10-months of 2025. This was 56.7% more than the 1.0% increase in October 2024. According to the Domestic Money Banks Income ...
Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Debt that cannot ...
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, ...
Sees Q2 provision for bad loans of $60-$80 mln pre-tax Provision related to losses by an energy trading account Says may recover some part of the losses Shares down 60 percent after the bell (Adds ...
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 ...
A call provision allows bond issuers to repurchase their debt early. Explore how these provisions function in real estate financing and their potential benefits.
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 ...