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Bad debts restrain Bank of Queensland

Bad debts restrain Bank of Queensland

This is a discussion on Bad debts restrain Bank of Queensland within the Latest News forums, part of the Local Happenings category; Bank of Queensland suffered a 13 per cent fall in earnings for the year to August 2011, due to a big increase in its bad debt charge. The profit improved ...

14th October 2011, 08:50 AM	#1
Latest News Headlines News Bot Join Date: Nov 2007 Posts: 15,081	Bad debts restrain Bank of Queensland Bank of Queensland suffered a 13 per cent fall in earnings for the year to August 2011, due to a big increase in its bad debt charge. The profit improved in the second half, however, given the peak in impairments in the first half caused by the floods in key centres in Queensland early this year. More... __________________ Automated CORTEX news service

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