Translation of "Loss provision" in German

This is why the amount was initially recognised with no impact on profit or loss (provision on the balance sheet).

This contributed to the loan loss provision of 0.63% of the average loan book (2010: 0.52%).

The revised, very conservative loan loss provision plan, which the Bank is today presenting before the Kiel parliament’s sub-committee on equity holdings and the Hamburg state par-liament's committee on public-sector companies, takes overall account of the state of the shipping industry.

This, and a continuing focus on maintaining and diversifying the loan portfolio, led to a decline in the total loan loss provision to 0.49% of the average loan book (2012: 0.67%).

Under the IASB's proposed expected loss model, a provision against credit losses would be built up over the life of the financial asset based on the expected cash flows of the instrument (including expected credit losses), not market values.

In spite of the higher provisioning requirements resulting from the new loan loss provision plan, at the end of the third quarter HSH Nordbank also boasts a Tier 1 capital ratio exclud-ing hybrid instruments (common equity ratio) above the minimum of 9 percent required by the market.

This contributed to the loan loss provision of 0.67% of the average loan book (2011: 0.63%).

On the basis of the long-term loan loss provision planning revised in the third quarter of 2012, we expect the defaults from the portfolio covered by the guarantee will also in future lie above the Bank’s retained amount to EUR 3.2 billion.

This contributed to the loan loss provision of 0.52% of the average loan book (2009: 0.34%).

Hamburg/Kiel,November 6, 2012 - In view of the euro sovereign debt crisis, the global economic downturn and especially the increasingly critical state of the international shipping industry, HSH Nordbank has revised its long-term loan loss provision plan.

The reason for the reduction of the compensation item by expected fees for the second loss guarantee is the HSH Nordbank's revised loan loss provision plan, the key results of which were published at the beginning of November.

This and a continuing focus on maintaining and diversifying a high quality loan portfolio, led to a decline in total loan loss provision to 0.28 of the average loan book (2013: 0.49%).

In addition, there is a US$155,000,000 tax loss carry - forward provision in place that the Finnish government has already approved for Nordic's use should the company accrue taxable income ."

Losses, provisions, and recoveries can be associated with each incident

As expected, the Bank reduced its additions to loan loss provisioning in the first half of 2014.

In 2017, loan loss provisioning remained well below the multi-year average.

Net interest income after loan loss provisions was down by approximately 19 percent to EUR 668 million.

Most of the rise in net income is owed to reduced loan loss provisions.

Loan loss provisions were increased as planned in the first nine months of 2014.

The capital protection clause exerted a beneficial effect on loan loss provisioning.

The expected loss provisioning shall cover the expected loss of a project.

Loan loss provisions stood at EUR781 million in 2017 (2016: EUR900 million).

After loan loss provisions, net interest income was down by just under 9 percent on the previous year to EUR 376 million.

On the other hand, loan loss provisions are much higher, as previously reported.

Moreover, the additional premium of € -212 million reported in loan loss provisions reduces the compensation.

At the same time, there was an increasing normalization of loan loss provisioning after the very low level in the previous year.

Loan loss provisions had to be further increased also in Russia and Ukraine in 2015.