Bank Al-Jazira Lowers Fourth-Quarter Loan-Loss Provisions 75%
Bank Al-Jazira reduced provisions for bad loans by 75 percent in the fourth quarter. Provisions dropped to 65 million riyals ($17 million) in the three months ended Dec. 31.
Syndicate
Bank Al-Jazira reduced provisions for bad loans by 75 percent in the fourth quarter. Provisions dropped to 65 million riyals ($17 million) in the three months ended Dec. 31.