After announcing positive earnings outlook for fiscal year 2010, Taslif, Society of Consumer Credit announced to the market forecast that this result will not be achieved. This profit warning is primarily motivated by the fact that the company intends to allocate a net provision for claims expected more pain than expected. This provisioning is mainly due to the impact of fraud which has been the company consumer credit Taslif, through its subsidiary Salaf. To recall, the Justice gave its verdict in this case in the first instance for Salaf October 12, 2010. However, complying with the funding rules required by Bank Al-Maghrib in such cases and pending the final decision, the management of Taslif expects a net loss for 2010. Despite this scam of a significant amount, the company has scrupulously respected its commitments vis-à-vis all the donors who have continued to provide the funding it needed for its activity. Moreover, the merger absorption of the Salaf was conducted in September 2010 and the overhaul of information systems, opening new branches and the start of the synergy with the network Saada CNIA Assurance. Thus, Taslif intends to submit a new business plan following the completion of this merger.
source lanouvelletribune.com
0 comments:
Post a Comment