### Comment:
You do realize that if banks are recording provisions now, then they are already well prepared for when these loans do default later on... ie. their PnL won't be affected, and their share prices won't go down? 
  
 And wtf does a provision for loan losses of 120% mean? 100% means you have written off the entire loan already :S

### REPLY:
The previous provision was increased a 120%.  
  
 A 100 million provision is now 220 million provision for loans outstanding of a 100 billion (example)

### END.