Following the publication of the 2013 / 14 edition of Bank League Tables the following banks have been added:
Itau BBA International Plc
Axis Bank UK Ltd
The following have been removed:
AMC Bank Ltd
Broadcastle Bank Ltd
Canada Square Operations Plc
MBNA Europe Bank Ltd
The following have changed names:
BIRA Finance Ltd to BIRA Bank Ltd
Intercontinental Bank (UK) Plc to Diamond Bank (UK) Plc
Smith & Williamson Investment Management Ltd to Smith & Williamson Investment Services Ltd
For the 2013 / 14 we have 154 banks included.
Analysing the financial size, performance and growth of all the 157 UK incorporated banks. www.searchlinepublishing.co.uk
Showing posts with label MBNA Europe Bank Ltd. Show all posts
Showing posts with label MBNA Europe Bank Ltd. Show all posts
Wednesday, 26 June 2013
Friday, 20 November 2009
Spinning the Loss
MBNA Europe Bank Ltd made a pre-tax loss in the year to 31st December 2008 of £43,594,000. Not that the Director's report spells this out. Whilst it is usual to mention the pre-tax figure, this year MBNA has chosen to refer to the profit after tax, which amounts to a relatively modest £1,200,000, due to a large tax credit.
Provision for bad and doubtful debts for 2008 amounts to an eye-watering £1,061,635,000.
Is this a record?
Provision for bad and doubtful debts for 2008 amounts to an eye-watering £1,061,635,000.
Is this a record?
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