An extra £465m provision to compensate customers affected by the Payment Protection Insurance scancal A further £500m provision for Interest Rate Hedging Products (controversial products sold to small firms which left many stuck with unfairly high borrowing costs).
Nonetheless, Republicans said many in their party were as angry as Democrats when they were forced to deal with last-minute provisions for business interests that House Republican leaders inserted in the bill late last week, without bothering to tell Senate Republicans.
Some employer retirement plans have provisions for low-interest loans that can be used for any purpose.
They calculate that provisions for mis-selling interest rate products to small businesses are also coming down.
Under the statute, copyright was for the first time vested in authors rather than publishers; it also included provisions for the public interest, such as a legal deposit scheme.
A glaring one was the provision eliminating the deduction for interest paid on credit cards and other consumer loans.
Following a review, the bank said total provisions for the scandal involving interest rate swaps were now £850m, and £2.6bn for the PPI schemes.
While the banking arm booked a pretax profit of around 700 million euros ($954 million), benefiting from the large numbers of investors keeping their money in cash while ING pays them little interest, provisions for bad loans rose.
NAB detailed a £420m provision for PPI and £250m for interest rate swap mis-selling while other charges of £269m were also taken for IT systems and deferred tax assets that had been held in the US.
Indeed, a federal audit this year noted Michigan's charter school law does not include provisions for regulating conflict-of-interest issues.
