Yes, however, as I note in the other thread, they are low so far. 38k loss on the first 3 months of trading wherein they loaned out circa 6 million.
I think that given they went all in in the january-march quarter shows management confidence in the credit policy. Not a conservative move for sure however, I think that worthwhile considering they did gain momentum in the quarter.
Ann: March Quarterly Appendix 4C, page-32
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