UPDATE 1-Dutch lender Rabobank sees big rise in 2020 loan provisions
Dutch lender Rabobank warned
on Wednesday that provisions for souring loans could climb by an
additional 2 billion euros ($2.2 billion) this year and there
would be a significant hit to profit as the coronavirus and
market volatility drive defaults.
on Wednesday that provisions for souring loans could climb by an
additional 2 billion euros ($2.2 billion) this year and there
would be a significant hit to profit as the coronavirus and
market volatility drive defaults.
Posted by Reuters
