Tag: provisions
SBI records a 62% jump in quarterly profit and a drop in provisions.
Net profit reached 84.32 billion rupees ($1.13 billion) for the quarter ended Dec. 31, from 51.96 billion rupees a year earlier, beating analysts’ expectations of a profit of 80.94 billion…
Credit Suisse: provisions will weigh on results
(CercleFinance.com) – Credit Suisse announces that its results for the fourth quarter of 2021 will be negatively impacted by litigation provisions of approximately 500 million Swiss francs, partially offset by…
Commerzbank’s fourth quarter weighed down by provisions from Polish mBank unit
Commerzbank said on Friday that its fourth-quarter profits would be affected by provisions made at its Polish subsidiary mBank. The German creditor said mBank had made provisions for 2.006 billion…
Méthanor will be in losses in 2021 due to provisions, no dividend
The company specializing in the operation of renewable energy projects must provision all of its participation in the Chavort power plant. It will therefore be in book losses in 2021…
Méthanor: METHANOR provisions all of its stake in the Chavort power plant
Paris, December 22, 2021 – Méthanor (Euronext Growth, FR0011217710 ALMET), a company specializing in the financing and operation of renewable energy projects, announces the full provision of its investment in…
Provisions expire: National Council debates the extension of the Covid law
The National Council will debate the extension of the Covid-19 law on Thursday. Some of the provisions will expire at the end of this year, while others will not. The…
Write-downs and provisions: Commerzbank scares investors again
Friday, January 8th, 2021 Depreciation and provision Commerzbank frightens investors again Manfred Knof has only been in office for a few days – and the boss already has bad news…