Cryptocurrency Q&A
What is PCL in financial terms?
What is PCL in financial terms?
Chloe_jackson_athlete
Mon Nov 04 2024
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6 answers
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I'm trying to understand the meaning of PCL in the context of finance. Could someone explain what it stands for and how it's used in financial terms?
6 answers
DongdaemunTrendsetter
Wed Nov 06 2024
The management determines this level based on their assessment.
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DongdaemunTrendsetterStyleIconTrend
Wed Nov 06 2024
They consider it adequate to cover all credit-related losses.
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CryptoElite
Wed Nov 06 2024
The Provision for Credit losses (PCL) is a crucial financial metric.
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EchoPulse
Wed Nov 06 2024
It represents the amount added to the allowance for credit losses.
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Isabella
Wed Nov 06 2024
These losses pertain to the portfolio held by the institution.
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