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The bank said the impairment loss will not have a significant impact on its business.
The Company has not recognized any such impairment loss since the third quarter of 2010.
An impairment loss, if any, is included in net income.
Impairment losses remain at a significantly higher level than a year ago.
In those seven months, another £44.5m of impairment losses were booked.
This was due to an impairment loss on equipment for lease of Bt40mn.
No impairment losses were recognized during the year ended December 31, 2011.
It said the impairment loss was worth 50.6 million ringgit.
The Bank's profit performance in 2007 had been affected by higher credit costs and impairment losses.
The year-ago net income included an impairment loss of $67.4 million.
This is an important mitigant to the higher impairment losses that we expect in those years.
However, bottom lines were in red due to provisioning and impairment losses.
The bank's operating profit before impairment losses jumped 42 percent to 4.079 billion pounds.
Provisions for impairment losses were 780 million euros, the bank said in a a statement.
All impairment losses are recognized in profit or loss.
Vodafone took a £450m impairment loss on its Greek unit last quarter.
But impairment losses, plus £150m for payment protection insurance claims, produced a huge loss of £662m.
It will book a 40 billion yen ($383 million) impairment loss on its existing glass panel facilities.
The earnings included an impairment loss of £38m “in respect of its licensed estate”.
However, the bank booked impairment losses of 3.3 billion pounds, up from 1.3 billion a year earlier.
In 2008, we recorded a benefit for income taxes of approximately $51.9 million largely derived from our impairment loss.
Sony’s financial services segment was hit by impairment losses on its domestic equities holdings.
An impairment loss is reversed if there has been a change in the estimates used to determine the recoverable amount.
The strong performance was partly due to lower impairment losses arising from convertible bonds.
It added that it will likely record an impairment loss of between $55 million and $75 million.