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KM Financial Solutions | UPDATE 2-ABN Amro warns of ballooning provisions after $1.2 bln Q1 hit
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UPDATE 2-ABN Amro warns of ballooning provisions after $1.2 bln Q1 hit

12 May UPDATE 2-ABN Amro warns of ballooning provisions after $1.2 bln Q1 hit

Posted at 07:18h in News by
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Dutch bank ABN Amro
warned provisions for souring loans could balloon to 2.5 billion
euros ($2.71 billion) this year as the coronavirus crisis and
oil price crash triggered a higher-than-expected first quarter
loss.

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