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BNP's profit was also helped by the fact that the bank's provisions for doubtful loans fell 26 percent from a year earlier, to 1.9 billion euros.
The German bank, the HVB Group, reported a second consecutive quarterly profit as it sold assets and set aside less money for doubtful loans.
This ratio is likely to move up again when, from December, the banks have to begin making provisions for doubtful loans as well as for those already in default.
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Bankers fear new regulations might impose stricter provisioning requirements for their doubtful loans.
Household accounted for nearly all the company's $1.7 billion increase in charges for bad or doubtful loans, to $2.4 billion in the year, the bank said.
This week Spain took steps to address its budget deficit and the Spanish central bank released new guidelines regarding provisions for bad and doubtful loans.
In February, Luís de Guindos, the Spanish economy minister, ordered banks to set aside 50 billion euros in additional provisions to cover fully their exposure to doubtful loans.
Table 4 also displays the response of business lending growth to the yearly growth in the doubtful loans ratio, holding capital growth constant.
The reserve for doubtful accounts, meanwhile, was $700,000.
Allowance for Doubtful Accounts is a contra-asset account.
The central bank has also emphasized its efforts in tripling the level of compulsory provisioning against doubtful property loans.
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