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Regions / Global

Newsletter September 09: Banks reject forward-looking loss provisions

Simon Turmaine | September 7, 2009

Regulators and policy-makers want changes in the way banks provide for loan losses, but the industry is unenthusiastic Bankers around the world aren’t keen on accounting standard-setters’ ideas for improving the way banks make provisions for loan losses, improvements demanded by world leaders and banking regulators in the wake of the global financial crisis.

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