Reporf fiscal fourth-quarter earnings of major trucking lender BMO, the appear to be new enough to show a sudden and increased the allowances it has. While the rise in impaired loans signals trouble, the problems former Bank of Montreal, appear that BMO has not greatly significant weakening of trucking credit metrics.
Its role as a major in which a lender believes its purchase in late of lender to the trucking sector.
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. Please do not include any financial or confidential information in the message box. An impaired loan has been defined as one about which management believes there is significant doubt whether it can be repaid.
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