What does LIC stand for?

Loan Impairment Charge (finance)

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

Geoghegan added: "Driven by stabilised credit performance in the US, loan impairment charges have fallen to their lowest quarterly level for over a year.

Emerging markets to lead recovery: HSBC

Geoghegan added: "Driven by stabilised credit performance in the US, loan impairment charges have fallen to their lowest quarterly level for over a year.

HSBC profits higher as Barclays suffers slump

Bank of Ireland now expects a loan impairment charge of about e6.

Bank of Ireland loses [euro]1bn in six months

Loan impairment charges were 837 per cent higher compared with the same period in 2008.

Bond issues will boost liquidity

Six month net interest income increased by 63 percent, and because of its increased income base and expense controls, the bank achieved a profit before loan impairment charge of 1.

Danske Bank Group's Latvian branch ended the first half of 2009 with ...

Loan impairment charges and other credit risk provisions were up 40 percent to $13.

HSBC first-half profit down 57 percent

Loan impairment charges and other credit risk provisions were up 40 percent to $13.

HSBC 1H profit down 57 percent

4 billion loan impairment charge in the year to March 31, 2009.

Ireland: Bank Of Ireland Sees Pressure On Margins