Standard Bank Group (Standard Bank Group) Credit Losses Provision : $0 Mil (As of Dec. 2023)

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What is Standard Bank Group Credit Losses Provision?

Standard Bank Group'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.

Standard Bank Group Credit Losses Provision Historical Data

The historical data trend for Standard Bank Group'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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Standard Bank Group Credit Losses Provision Chart

Standard Bank Group Annual Data

Trend

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Credit Losses Provision

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Standard Bank Group Semi-Annual Data
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Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

Standard Bank Group 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.

Standard Bank Group (Standard Bank Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Bank Group Ltd (OTCPK:SGBLY) » Definitions » Credit Losses Provision

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Address

550 Denman Street, Suite 200, Vancouver, BC, CAN

Website

https://www.standardbank.com

Standard Bank Group Ltd provides banking and other financial services for its customers in roughly 20 countries in sub-Saharan Africa. Its two biggest business segments are personal and business banking and corporate and investment banking. The company earns most of its income from the personal and business banking segment, where it offers credit cards, mortgages, vehicle loans, insurance, and other lending and transactional products. The company generates nearly all its income in Africa, with most coming from South Africa.

Standard Bank Group (Standard Bank Group) Headlines

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