Korean banks' combined net profit rose 5.5 percent from a year earlier in 2024 on a fall in reserves against soured loans and ...
PHILIPPINE BANKS’ asset quality worsened as the industry’s gross nonperforming loan (NPL) ratio rose in January, according to data from the Bangko Sentral ng Pilipinas (BSP). Preliminary data from the ...
Banks' unrealized losses rose by a third last year and have stayed elevated as the Federal Reserve raised interest rates.
Commercial property loan delinquency fell to 0.63% by Q3 2022. But it has risen steadily since and now sits at a decade-high ...
(Reuters) -National Bank of Canada on Wednesday set aside larger than expected reserves for bad loans ... setting aside provisions for potential loan losses to shield themselves in a souring ...
U.S. retail sales for February, data Fed officials will see before kicking off their two-day policy meeting on Tuesday, were ...
the loan and investment portfolio’s unpaid principal balance ("UPB"), excluding loan loss reserves, was $11.30 billion, with a weighted average current interest pay rate of 6.90%, compared to $ ...
The Small Business Administration’s flagship 7(a) loan program reportedly showed losses of hundreds of millions last year, but any suggestion of its demise would be premature—even with the ...
National Bank of Canada on Wednesday set aside larger than expected reserves for bad loans, signaling challenges ahead even as strong income from dealmaking helped deliver a profit beat.