Haci Omerbanci Holding AS (IST:SAHOL) Credit Losses Provision : ₺0 Mil (As of Dec. 2023)

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What is Haci Omerbanci Holding AS Credit Losses Provision?

Haci Omerbanci Holding AS's credit losses provision for the three 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.

Haci Omerbanci Holding AS Credit Losses Provision Historical Data

The historical data trend for Haci Omerbanci Holding AS'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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Haci Omerbanci Holding AS Credit Losses Provision Chart

Haci Omerbanci Holding AS Annual Data

Trend

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Credit Losses Provision

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Haci Omerbanci Holding AS Quarterly Data
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Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

Haci Omerbanci Holding AS 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 quarterly data reported by the company within the most recent 12 months, which was ₺0 Mil.

Haci Omerbanci Holding AS (IST:SAHOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Haci Omer Sabanci Holding AS (IST:SAHOL) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

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Address

Sabanci Center, 4. Levent, Istanbul, TUR, 34330

Website

https://www.sabanci.com

Haci Omer Sabanci Holding AS is the parent company of the Sabanci Group, a diversified conglomerate operating almost entirely in Turkey, but with notable exposure to other countries in the European Union. The Sabanci Group companies operate in the financial services, energy, consumer discretionary, materials, and industrials sectors. Of these, financial services constitute the majority of revenue and the overwhelming majority of its assets on the balance sheet. Banking is the biggest contributor to its financial segment, specifically through the group's large financial stake in Akbank. Sabanci's portfolio management strategy is to focus on sectors where it is possible to create competitive advantage and to use equities in fast-growing, highly profitable, and sustainable businesses.

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