What is the logic behind provision for loan losses? Is this the same as a loan write-off?
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What is the logic behind provision for loan losses? Is this the same as a loan write-off? Can the provision of bad loans be the source of large expenses for banks?
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The provision for loan losses also known as the loan loss provision is an accounting practice where financial institutions especially banks set aside ...View the full answer
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Related Book For
Financial Markets And Institutions
ISBN: 9781292215006
9th Global Edition
Authors: Stanley Eakins Frederic Mishkin
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