Sentence examples for increase its provision from inspiring English sources

Wachovia also warned that it would increase its provision for future loan losses by $200 million.

Bank of America said its first-quarter profit had fallen by 77% compared with a year ago, and that it would increase its provision for credit losses by $5 billion.

The bank also said it was too early to know whether it needed to increase its provision for payment protection insurance in light of the City regulator's decision to delay the introduction of a cut-off point for claims, also announced since the publication of its results on 27 July.

"However, it remained above the level which we anticipated at the time of our half-year results and as a result the group believes it is appropriate to increase its provision for expected PPI costs by £1bn.

Lloyds did not increase its provision immediately.

An improvement in the profit margin was regarded as positive, but the need to increase its provision for lapsing policies was regarded as negative.

The company warned in its filing that it might have to increase its provisions for loan losses.

As it announced the settlement with the NCUA, RBS reiterated it might need to increase its provisions.

Some other good news came out in a company conference call with analysts, according to TradeTheNews.com: American Express doesn't expect to have to increase its provisions for bad loans, and it isn't fearful of a bond-rating downgrade since it is supported by the TARP program.

ING said that it used gains from asset sales in the quarter to increase its provisions for bad and doubtful debts by 400 million guilders.

Mr. Kelly said that Citigroup would increase its provisions if the recession deepened and that its reserves would be adequate.