Friday, July 31, 2020

Big Georgia banks stash away hundreds of millions in case of 'credit storm'

Four Georgia-based banks have set aside $272.5 million in provisions for loan losses in the second quarter, which is more than 13 times the amount allocated for credit losses this time last year.

from Bizjournals.com Feed (2019-07-18 12:47:42) https://www.bizjournals.com/atlanta/news/2020/07/31/banks-second-quarter-loan-losses.html?ana=brss_609
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