Sentence examples for made additional provisions from inspiring English sources
The French bank BNP Paribas said on Wednesday that second-quarter profit fell 5 percent as it made additional provisions to cover potential losses in the face of a struggling European economy.
Santander said it had made additional provisions of almost 3 billion euros in the first quarter, a 6 percent decline from those made in the first quarter of 2012.
We won't have to make additional provisions, so the impact on our results will be nil," an official told Reuters.
With claims still coming in and still to be settled under the disputed methodology, BP had warned (as fully expected by the market) that it would have to start paying additional claims out of its [profit and loss account] by making additional provisions as early as the third quarter results.
Still, Olli Rehn, the European commissioner for economic and monetary affairs, on Sunday welcomed word that Spain would take what he described as "decisive action" to clean up its banking sector, with banks having been ordered on Friday to make additional provisions of 30 billion euros, or about $39 billion, against bad loans.
BP described the methodology for calculating the claims as "seriously flawed" and the oil company said it was confident it would not have to make additional financial provisions.
The firm also said it had made an additional provision of £50 million related to delays in how a company it hired to handle customer claims had processed complaints.
In any case, in this regard, I have to say that I support Amendments Nos 47, 52, 53 and 60, which indisputably make additional important contributions which complement the current provisions.
Make additional adjustments.
Make additional appointments as needed.
