[Asia Economy Reporter Minwoo Lee] Recent measures by financial authorities instructing commercial banks to increase their loan loss reserves are analyzed to have little accounting impact. Unlike loan ...

April 22 (Reuters) - Southeast regional bank Synovus Financial Corp reported a first-quarter loss, hurt by a three-fold rise in provision for loan losses, and said it expects a difficult second ...

Central Bank of Kenya Governor Dr. Patrick Njoroge says inflation has increased largely driven by food prices taken on 21st January 2016. PHOTO:WILBERFORCE OKWIRI Central Bank of Kenya (CBK) Governor ...

DUBLIN (Reuters) - Allied Irish Banks (AIB) said on Wednesday it expected bad debts to peak this year after a surge in the first-half, helping boost its shares 7 percent as investors bet on a new ...

A tax tribunal has found that the Kenya Revenue Authority erred in seeking to have taxes paid by M-Kopa from their Sh1.4 billion bad debts. The tax man wanted the tribunal to compel the company to pay ...

(Adds Consob ruling on accounting method for Bank of Italy stakes)MILAN, March 10 (Reuters) - UniCredit CRDI.MI , Italy&aposs largest bank by assets, is set to unveil plans to raise 2 billion euros ...

Wrexham Council's Executive Board has been challenged over £1.3m set aside to cover bad debts in social housing next year. The executive approved a Housing Revenue Account budget that included a 2.7% ...