The company said, “In the first nine months, provision for credit losses was EUR 1.3B, or 37 bps of average loans, down 7% year on year. Provision for non-performing loans was EUR 1B, down 28% from EUR 1.4B the prior year period, while provision for performing loans was EUR 313M, materially higher year on year, reflecting model updates and changes in the macro-economic environment. In line with guidance, the bank expects provision for credit losses in the second half of 2025 to be lower than in the first half year.”
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