FCEI constituido...del total a constituir

English translation: statistical allowances for loan losses provisioned ... from the total to be provisioned

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Spanish term or phrase:FCEI constituido...del total a constituir
English translation:statistical allowances for loan losses provisioned ... from the total to be provisioned
Entered by: Margarita Palatnik (X)

12:49 Apr 3, 2005
Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: FCEI constituido...del total a constituir
La partida de saneamientos de insolvencias ha supuesto un adeudo a la cuenta de resultados de 2004 de 147’61 millones, un 40’92% más que el año anterior por las mayores dotaciones derivadas del importante crecimiento experimentado en las inversiones crediticias, situando el FCEI constituido en el 54’9% del total a constituir

I take it the FCEI are new regulations brought in by the Bank of Spain, but how would folks translate this please?
cheers
xx
Anna Moorby DipTrans
United Kingdom
Local time: 09:52
statistical allowances for loan losses provisioned ... from the total to be provisioned
Explanation:
Beneficios: El Grupo la Caixa obtiene un beneficio de 245 millones ... - ... El fondo para la cobertura estadística de insolvencias (FCEI), que de acuerdo
con la normativa del Banco de España complementa desde julio de 2000 los ...
www.empresas.ws/ aumento-de-beneficios-grupo-la-caixa.html -

[PDF] 017 . Portadeta A.Fonamentals.i
... almost totally to the new Bank of Spain regulations on statistical allowances
for loan losses (FCEI), which came. into effect in July 2000. ...
www.pdfs.lacaixa.comunicacions.com/ webes/wpp0pdfp.nsf/vico/01rf_eng.pdf/$file/01rf_eng.pdf
Selected response from:

Margarita Palatnik (X)
Local time: 05:52
Grading comment
Thanks everyone
xx
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +3statistical allowances for loan losses provisioned ... from the total to be provisioned
Margarita Palatnik (X)


  

Answers


6 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
statistical allowances for loan losses provisioned ... from the total to be provisioned


Explanation:
Beneficios: El Grupo la Caixa obtiene un beneficio de 245 millones ... - ... El fondo para la cobertura estadística de insolvencias (FCEI), que de acuerdo
con la normativa del Banco de España complementa desde julio de 2000 los ...
www.empresas.ws/ aumento-de-beneficios-grupo-la-caixa.html -

[PDF] 017 . Portadeta A.Fonamentals.i
... almost totally to the new Bank of Spain regulations on statistical allowances
for loan losses (FCEI), which came. into effect in July 2000. ...
www.pdfs.lacaixa.comunicacions.com/ webes/wpp0pdfp.nsf/vico/01rf_eng.pdf/$file/01rf_eng.pdf

Margarita Palatnik (X)
Local time: 05:52
Specializes in field
Native speaker of: Native in SpanishSpanish
PRO pts in category: 607
Grading comment
Thanks everyone
xx

Peer comments on this answer (and responses from the answerer)
agree  Terje Ostgaard
1 hr
  -> Gracias, Terje

agree  SteveW: con permiso, could I suggest, "situating the statistical allowance for loan losses (FCEI) at 54.9% of the required level"
1 hr
  -> Yeah, sounds good, I really didn't go for the whole phrase, just rendering the meaning, but your suggestion is good

agree  Gabriela Rodriguez
15 hrs
  -> Gracias, gaby
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