What are provisions usually taken by a bank?

Question added by Abdullah Mahhaden, CFA, CPA , Assurance Manager , Grant Thornton
Date Posted: 2013/06/17

Upvote (0) Views (7) Followers (1) Answers (2) Report Question

by Muhammad Nadeem , Admin Clerk , The Islamia University, Bahawalpur, Punjab, Pakistan

Usually banking sector requires emplyeement letter from emplyer for opening of pay account. NIC copy etc.

and further more as per time requires.

by Zahid Javed , Branch Manager , MCB BANK LTD

Provisioning of expenses or bad debts i.e loans/ advances.

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