Thai Credit Bank PCL (BKK:CREDIT) Credit Losses Provision : ฿3,630 Mil (As of Sep. 2024)

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What is Thai Credit Bank PCL Credit Losses Provision?

Thai Credit Bank PCL's credit losses provision for the three months ended in Sep. 2024 was ฿759 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2024 was ฿3,630 Mil.

Thai Credit Bank PCL's quarterly credit losses provision declined from Mar. 2024 (฿1,643 Mil) to Jun. 2024 (฿1,228 Mil) and declined from Jun. 2024 (฿1,228 Mil) to Sep. 2024 (฿759 Mil).

Thai Credit Bank PCL's annual credit losses provision increased from . 20 (฿0 Mil) to Dec. 2021 (฿2,607 Mil) and increased from Dec. 2021 (฿2,607 Mil) to Dec. 2022 (฿3,826 Mil).

Thai Credit Bank PCL Credit Losses Provision Historical Data

The historical data trend for Thai Credit Bank PCL'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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Thai Credit Bank PCL Credit Losses Provision Chart

Thai Credit Bank PCL Annual Data

Trend

Dec21

Dec22

Credit Losses Provision

2,606.71

3,825.86

Thai Credit Bank PCL Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Jun24	Sep24
Credit Losses Provision	Get a 7-Day Free Trial				1,041.63	978.11	1,643.01	1,228.08	758.95

Thai Credit Bank PCL 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿3,630 Mil.

Thai Credit Bank PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Thai Credit Bank PCL (BKK:CREDIT) » Definitions » Credit Losses Provision

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ratchadaphisek Road, 123, 1st Floor, Thai Life Assurance Building, Din Daeng Subdistrict, Din Daeng District, Bangkok, THA, 10400

Website

https://www.thaicreditbank.com

Thai Credit Bank PCL is a commercial bank in Thailand. It provides comprehensive financial and investment services and focuses on providing micro SME business loans (MSME) and Nano and Micro Finance to small business entrepreneurs. The Group has 2 operating segments: e-Wallet business, which is operated by its subsidiary; and banking business (which comprises of business loans - SMEs and Micro finance, retail loans secured by residential property - Housing loans and Home for Cash, and other segments, e.g., personal loans, gold loans, and treasury activities). The company generates the majority of its revenue from the banking business.

Thai Credit Bank PCL Headlines

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