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IFS Capital (SGX:I49) Allowance For Loans And Lease Losses


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What is IFS Capital Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


IFS Capital Business Description

Industry
Traded in Other Exchanges
N/A
Address
10 Eunos Road 8, No 09-04 Singapore Post Centre, Singapore, SGP, 408600
IFS Capital Ltd provides commercial finance services like factoring, hire-purchase/leasing, working capital, asset-based financing, loans, government-assisted schemes, and trade/export finance to small and medium-sized enterprises. The company also provides bonds and guarantees, credit insurance, and general insurance through its subsidiary. The company's business is managed through its segments, including Credit financing, Insurance, Private equity and other investments, and Fund management. Credit Financing contributes to the majority of the revenue. The geographical segments of the company are Singapore, Thailand, Malaysia, Indonesia, and Others.