The shareholders and the analysts have ascertained that the bank had not declared losses from derivatives.

The bank declared the $52.7 million loss on the basis of the preliminary results of the appraisal.

Doing it sooner, the bank declared, threatens its independence and weakens the new currency.

The three banks declared 25 million roubles in assets of which 17.5 million were written off as bad debt.

The central bank itself declared a 76% plunge in its profits last year because of big losses dealing in foreign currencies.

The bank declared an open competition for the construction of the building.

Some Asian central banks have declared that they will diversify their reserves away from dollar-denominated assets.

The bank recently declared a stock split for greater liquidity, a greater volume of trades and more access to some smaller investors.

Local banks faced massive demands for withdrawals which they could not possibly meet and promptly declared several bank holidays in a row.

If the bank does declare the loans in default, she added, "it could be considered another step leading to a voluntary bankruptcy."