Philippine banks earned combined net profits of ₱391.284 billion in 2024, up by 9.76 percent from ₱356.487 billion in 2023, ...

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Bad debt, in my opinion, is any debt used to acquire a depreciating asset. Bad debt can also be any debt that has a high interest rate (think credit card debt). Once you take on bad debt ...

COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower provisions for bad debts offset higher technology costs ...

(Reuters) -Commonwealth Bank of Australia's first-half cash earnings beat estimates on Wednesday, as lending volume growth and lower provisions for bad debts offset higher technology costs ... Citi ...

Debt isn't always negative, as sometimes loans can allow borrowers to better their financial position.

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Twilio (NYSE: TWLO), the customer engagement platform that drives real-time, personalized experiences for today’s leading brands, reported financial results for its fourth quarter and full year ended ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

Mumbai revolved around an addition of ₹2 crore under Section 68 of the Income Tax Act. The Revenue challenged the deletion of this addition by the Commissioner of Income Tax (Appeals) [CIT(A)], ...