Glossary
The whole glossaryProvision
Kuusaa kasaaraa liqii
Money a bank sets aside for loans it expects will not be repaid. It lowers profit, but protects the bank.
Maallaqa baankiin liqii hin deebine tilmaamee kaa'u. Bu'aa hir'isa; garuu baankii eega.
Siinqee Bank stated its profit before provisions.
Siinqeen bu'aa kuusaa dura hime.
In Ethiopia
Under the international reporting standard Ethiopian banks use (IFRS 9), a bank provides for losses it expects, not only those that have happened. A profit quoted before provisions looks larger than what shareholders will receive.
Akka sirna gabaasa idil-addunyaa (IFRS 9) baankonni Itoophiyaa fayyadamaniin, baankiin kasaaraa dhufuu danda'u dursee kuusaa kaa'a, kan dhufe qofa miti. Bu'aan kuusaa dura himamu kan abbootiin aksiyoonaa argatan caalaa guddaa fakkaata.