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Citizens Development Business Finance (COL:CDB.N0000) Credit Losses Provision : රු0 Mil (As of Dec. 2023)


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What is Citizens Development Business Finance Credit Losses Provision?

Citizens Development Business Finance's credit losses provision for the three months ended in Dec. 2023 was රු0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was රු0 Mil.


Citizens Development Business Finance Credit Losses Provision Historical Data

The historical data trend for Citizens Development Business Finance'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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Citizens Development Business Finance Credit Losses Provision Chart

Citizens Development Business Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Credit Losses Provision
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Citizens Development Business Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Citizens Development Business Finance 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 quarterly data reported by the company within the most recent 12 months, which was රු0 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.


Citizens Development Business Finance (COL:CDB.N0000) Business Description

Traded in Other Exchanges
Address
No. 123, Orabipasha Mawatha, Western Province, Colombo, LKA, 10
Citizens Development Business Finance PLC provides financial services. The company offers term and savings deposits, leasing, hire purchase and loan facilities, gold loans, foreign exchange, foreign remittances, issuance of international debit cards, credit cards, margin trading, Islamic finance products, and other financial services. Its operating segment includes Lease and stocks out on hire; Loans and advances and Other. The company generates maximum revenue from the Lease and stock out-on-hire segment.

Citizens Development Business Finance (COL:CDB.N0000) Headlines

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