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Bad loan costs were up nearly 17%.
Several lenders have been crippled by a single bad loan.
It doesn't require any bank to make a bad loan".
You don't make the loan until you know it will be a bad loan.
Since the lender made a bad loan, Mr. Hairston argues, a 10 percent settlement would be reasonable.
It also set aside less for its bad loan reserve and spent substantially less on mortgage litigation expenses.
Similar(26)
Bad-loan provisions nearly doubled.
Unemployment is at 20%, and bad-loan charges are rising.
Officials are debating two approaches to the bad-loan problem.
The bad-loan ratio a year earlier was 8percentt.
What Bipop-Carire will not solve, however, is Banca di Roma's bad-loan problem.
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