EFG International AG (EFG International AG) Credit Losses Provision : $0 Mil (As of Dec. 2023)

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What is EFG International AG Credit Losses Provision?

EFG International AG's credit losses provision for the six months ended in Dec. 2023 was $0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was $0 Mil.

EFG International AG Credit Losses Provision Historical Data

The historical data trend for EFG International AG's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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EFG International AG Credit Losses Provision Chart

EFG International AG Annual Data

Trend

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Credit Losses Provision

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EFG International AG Semi-Annual Data
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EFG International AG Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

EFG International AG (EFG International AG) Business Description

Industry

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EFGNz:UK EFGNE:Switzerland EFGN:Switzerland

Address

Bleicherweg 8, PO Box 6012, Zurich, CHE, 8022

Website

https://www.efginternational.com

EFG International AG is a Swiss international private banking and asset management group with operations that span the globe, including Europe, Asia, and the Americas. most of its assets under management are in cash and deposits, equities, bonds, and loans. The company generates most of its income primarily from net banking fees and commission income and secondarily from net interest income. About three-fourths of its loan portfolio is due from customers, while the other-fourth comes from mortgages. The company's loan portfolio is mostly exposed to Latin America and the Caribbean, the United Kingdom, Asia and Oceania, and other parts of Europe.

EFG International AG (EFG International AG) Headlines

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David Herro Comments on EFG International

By Holly LaFon Holly LaFon • 04-11-2016