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News tagged with “bad debts”. Found: 277 tagged news reports.
 

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Ho Chi Minh City :: Vietnam | 1 year ago

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The State Bank of Vietnam said in a statement the devaluation of the currency, the dong, is meant to improve the country's trade balance and boost state foreign-exchange reserves. Effective Friday, one dollar will bring 21,036 dong, compared with 20,

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Bethesda :: MD :: USA | 1 year ago

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Community benefit investments have been an obligation of nonprofit hospitals as a condition of their federal tax-exempt status for decades, and most states impose similar expectations.  The financial advantage that accrues to the nonprofit hospital

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Wichita :: KS :: USA | 1 year ago

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Rhonda Schippers spends a lot of time with hospital patients...Schippers is a financial counseling coordinator for Via Christi hospitals and goes to the bedside of patients who are underinsured or uninsured to talk about how they will pay for their

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Cape Town :: South Africa | 1 year ago

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It is virtually impossible for African Bank Investments [JSE:ABL] to do anything if customers who have loans with the bank accept further credit from other lenders, said chief financial officer Nithia Nalliah. Nalliah was responding to Fin24

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Sydney :: Australia | 1 year ago

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Second tier energy retailer Australian Power and Gas has reversed its earlier forecast of a year to June profit, and has now flagged another net loss of up to $5 million following a surge in bad debts and difficult wholesale electricity market

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London :: United Kingdom | 1 year ago

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Interest rates have been at a record low of 0.5% for more than four years and that has meant a paltry rate of return for many savers. So instead of putting their money into a bank or building society, some have turned to an alternative way of

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Auckland :: New Zealand | 1 year ago

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Modest revenue growth and a reduction in bad debts has helped Westpac Bank post a $370 million interim profit for the six months to March, up 7 per cent from the previous year. It's the second major bank to report a hefty rise in profits this week

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Ho Chi Minh City :: Vietnam | 1 year ago

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But commercial banking sources say that's puny in comparison with the bad debt problem that is shackling almost every part of Vietnam's economy. The State Bank of Vietnam estimates bank non-performing loans (NPLs) at 6 per cent, or $US7.8 billion, of

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Brisbane :: Australia | over 1 year ago

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Queensland has swung back into profitability by staunching problem debts, including cracking down on some loans to "mum and dad'' borrowers. Half-year profits at the 269-branch lender yesterday rose to $100 million, compared to a $90 million loss a

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Shanghai :: China | over 1 year ago

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April 5, 2013 Risky lending practices swell balance sheet assets and generate huge paper profits, but China's state-owned banks are losing favor with markets, due to concerns over property bubbles, inflation, and slow economic growth. While the

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