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Rural Microfinance Development Centre (XNEP:RMDC) Credit Losses Provision : NPR0.0 Mil (As of Apr. 2023)


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What is Rural Microfinance Development Centre Credit Losses Provision?

Rural Microfinance Development Centre's credit losses provision for the three months ended in Apr. 2023 was NPR0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Apr. 2023 was NPR0.0 Mil.

Rural Microfinance Development Centre Credit Losses Provision Historical Data

The historical data trend for Rural Microfinance Development Centre'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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Rural Microfinance Development Centre Credit Losses Provision Chart

Rural Microfinance Development Centre Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Credit Losses Provision
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Rural Microfinance Development Centre Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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Rural Microfinance Development Centre 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 Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR0.0 Mil.

* 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.

Rural Microfinance Development Centre Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Rural Microfinance Development Centre Ltd (XNEP:RMDC) » Definitions » Credit Losses Provision
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XNEP:LLBS XNEP:GMFIL V MA AXP PYPL COF BOM:500034 DFS TSE:8591 SYF ALLY XPAR:EDEN BOM:543066 CACC TSE:8593 WU NSE:CHOLAFIN SOFI BOM:533398
Traded in Other Exchanges
N/A
Address
Putalisadak, P.O.Box: 20789, Kathmandu, NPL
Website
https://www.rmdcnepal.com
Rural Microfinance Development Centre Ltd offers wholesale lending to microfinance institutions. Besides, it has been extending institutional capacity building supports to microfinance institutions. The company's completed projects include Rural Microfinance Project and Community Livestock Development Project (CLDP). Its ongoing include Community Irrigation Project and YUWAccess Project.

Rural Microfinance Development Centre Headlines

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