Suez Canal Bank (CAI:CANA) Credit Losses Provision : E£0 Mil (As of Mar. 2024)

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What is Suez Canal Bank Credit Losses Provision?

Suez Canal Bank's credit losses provision for the three months ended in Mar. 2024 was E£0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was E£0 Mil.

Suez Canal Bank Credit Losses Provision Historical Data

The historical data trend for Suez Canal Bank'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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Suez Canal Bank Credit Losses Provision Chart

Suez Canal Bank Annual Data

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Credit Losses Provision

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Suez Canal Bank Quarterly Data
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Suez Canal Bank 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was E£0 Mil.

Suez Canal Bank (CAI:CANA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Suez Canal Bank (CAI:CANA) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

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Address

7 & 9 Abd El-Kader Hamza Street, Garden City, Cairo, EGY

Website

https://www.scbank.com.eg

Suez Canal Bank provides retail, corporate, and investment banking services. The company offers personal banking products and services, including savings, current accounts; time deposits; certificates of deposit; debit and credit cards; and mutual funds. It also provides custodian services comprising bookkeeping services of stocks and bonds, execution of buy/sell orders on behalf of its customers, collecting due coupons on behalf of its customers, subscriptions for new issues, and pledge and freeze of securities. In addition, the company offers institutional banking services to corporate, and small and medium enterprises.

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