Sentence examples for consumer loan portfolio from inspiring English sources

LONDON – The British bank HSBC made some progress on Tuesday in shrinking its consumer loan portfolio in the United States, which has been a drag on its earnings.

Wells Fargo's chief financial officer, Howard I. Atkins, warned that the bank faced intense pressure on its huge consumer loan portfolio.

Gateway said it had raised the amount of cash it has to help finance its recovery efforts to $1 billion by selling $500 million of its $800 million consumer loan portfolio.

Its consumer loan portfolio exceeds $2 billion and could generate more than $100 million in profits this year.

As a comparison, Bank of America's consumer loan portfolio was $489 billion in 2014.

Citi's write-down was mostly attributed to the declining value of its subprime mortgage holdings, but the bank was also hurt by increased losses in its consumer loan portfolio.

"Consumer loan portfolios can provide attractive, stable returns, but investing in loans is not easy and not without risk," he said.

GE's Japanese consumer-loan portfolio yields a 28% annual return; it also thinks it can sell 22 of GE Capital's 28 product lines in Japan.

In a sign that its consumer-loan portfolio is still struggling, BofA raised its provision for credit losses to $10.1 billion in the quarter from a year earlier.

AEGON N.V., the Netherlands, said its Transamerica Finance Corporation unit, based in San Francisco, sold a $530 million consumer-loan portfolio to a U.S.-based affiliate of Goldman Sachs Group Inc., New York.

For another, many banks' consumer and commercial-property lending businesses have been affected by the slowdown.Strikingly, the Fed's loan-officer survey showed that 70% of respondents expect the quality of their credit-card and other consumer-loan portfolios to get worse.