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UK doorstep lender Provident braces for surge in bad loans – The company’s impairment coverage ratio for its consumer credit division (CCD), which measures bad loan provisions as … But demand for loans looks set to pick up as unemployment rises.

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British doorstep lender Provident Financial sank to a first-half loss and suspended dividend payments, as it put aside £240m for an expected surge in bad loans in … The UK has plunged into …

China’s big banks up provisions to brace for COVID-19 risks * Bad loans rise at all five banks * Net interest margins fall at four of five lenders . BEIJING/SHANGHAI, Aug 30 ( …

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UPDATE 1-Lender Provident slips into red as bad loans soar – Doorstep lender Provident Financial sank to a loss in the first half of 2020 and suspended its interim dividend, as business slowed during the coronavirus lockdowns and bad loans soared in its …

Four of China’s five largest state-owned banks said they have increased their provisions against bad debt to brace for future …