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Tuesday November 24, 2009
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Bad Debt News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest Bad Debt News

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  • UPDATE 2-Intermediate Capital says bad debts past worst 24 Nov 2009 09:27 GMT
    ... stg vs 39.8 mln stg * Says bad debts likely to fall in H2 * Says ... Monday. ICG blamed the decline on higher bad debt charges, which more than doubled to 97.1 ...

  • Suncorp's bad debt charges fall 24 Nov 2009 01:20 GMT
    ... Bank and insurance company Suncorp-Metway says bad debts have stabilised in the September quarter but its banking unit continues to see weakness ...

  • Suncorp-Metway sees bad debt declining 24 Nov 2009 00:42 GMT
    ... Take a heartwarming look at these curious bonds and explore the emotional complexities... Julie faces her greatest ...

  • Severn Trent PLC Half-yearly Report 24 Nov 2009 07:54 GMT
    ... impacts from the economic environment such as bad debts and consumption levels, all of which is ... to a change in the level of bad debt provision, where we have worked hard on ...

  • Severn profits beat forecasts 24 Nov 2009 09:02 GMT
    ... as it kept a tight rein on bad debts and made cost savings across the business. ... said it had "worked hard" to hold bad debt levels at 2.3% of turnover and said ...

  • Severn Trent profits beat forecasts 24 Nov 2009 09:08 GMT
    ... as it kept a tight rein on bad debts and made cost savings across the business. ... said it had "worked hard" to hold bad debt levels at 2.3 per cent of turnover ...

  • Lloyds reveals cash-call details 24 Nov 2009 08:51 GMT
    ... part-nationalised bank has been struggling amid retail bad debts, many of which it took on board ... this month by revealing that levels of bad debt were down significantly in the second half ...

  • Taxpayers to pay £5.7billion for more Lloyds shares as bank launches UK record rights issue 24 Nov 2009 10:33 GMT
    ... part-nationalised bank has been struggling amid retail bad debts, many of which it took on board ... this month by revealing that levels of bad debt were down significantly in the second half ...

  • Vukile hit by higher electricity and rates charges 24 Nov 2009 06:04 GMT
    ... difficult and characterised by increasing vacancies, higher bad debts and little scope for higher rentals. Ever ... R28,2m had been concluded. Van Zyl said bad debt write- offs had been in line with ...

  • Paragon mulls lending again as arrears stabilise 24 Nov 2009 08:59 GMT
    ... considering increasing its lending book again after bad debts stabilised in the second half and wholesale ... reported by the Council of Mortgage Lenders. Bad debt charges totalled £65.9m compared with £62.2m for ...

  • Lloyds Launches World's Biggest Cash Call 24 Nov 2009 10:24 GMT
    ... escape the Government's costly insurance scheme for bad debts. Under the scheme the bank would have ... this month by revealing that levels of bad debt were down significantly in the second half ...

  • Fitch Rates South Lake Hospital's (Florida) 2009 Revs 'BBB+'; Upgrades Outstanding Debt 24 Nov 2009 00:12 GMT
    ... pro forma debt burden, light liquidity relative to debt, inherent construction risk, and high bad debt expense. With the planned 2009 debt issuance, SLH has a high debt burden demonstrated with ...

  • Business failure drain on water group 24 Nov 2009 09:25 GMT
    ... business failures in its core North-East area had left it with a £1.7 million bad debt bill during the first half of the current year. The write-off was forced by the ...

  • Failures hurt Northumbrian 24 Nov 2009 11:32 GMT
    ... said rising business failures in its North-East heartlands had landed it with a £1.7m bad debt bill in the six months to September. The write-off was forced by the closure of ...

  • Northumbrian Water hit by rise in business failures 24 Nov 2009 11:51 GMT
    ... in business failures in its north-east heartlands has landed Northumbrian Water with a £1.7m bad debt bill for the six months to September. Northumbrian Water said the write-off had resulted from ...


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