2% of all credit union loans, but nearly 6% of
loan loss provisions in the third quarter.
The increased recaptures of
loan loss provisions of USD 400 thousand was primarily because of higher loan recoveries.
Other Operating Income was higher by circa Dh16 million, primarily on account of robust recoveries in the commercial lending portfolio against which
loan loss provisions were held.
Excluding the after- tax impact of the negative
loan loss provisions, net income for the quarter ended March 31, 2014, would have been USD2.
This was due above all to the improved revenues before
loan loss provisions (plus 5% or plus EUR 125 million to EUR 2.
The positive news for the UAE banking sector comes despite an increase in banks'
loan loss provisions (LLPs) - the latter increased by four per cent in 2011.
Summary: Raiffeisen Bank Aval (BAVL) reported tiny earnings of US$ 2mn in 2Q11 as heightened
loan loss provisions continued to weigh on financials.
and
loan loss provisions based on incurred losses or on short-horizon expected losses, increase procyclicality in the banking system.
The bank said that its net profits for 2010 had dropped by 27 percent because of higher
loan loss provisions.
Key words:
loan loss provisions, banking capital management, regulatory regime, IFRS
2 million towards non-specific
loan loss provisions as per the requirement of Central Bank of Oman.
Bank
Loan Loss Provisions and the Income Smoothing Hypothesis: An Empirical Analysis, 1976-1984," Journal of Financial Services Research, 1, pp.
