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Bank of Georgia Group (FRA:GEB) Credit Losses Provision : €0 Mil (As of Sep. 2024)


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What is Bank of Georgia Group Credit Losses Provision?

Bank of Georgia Group's credit losses provision for the three months ended in Sep. 2024 was €0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2024 was €0 Mil.


Bank of Georgia Group Credit Losses Provision Historical Data

The historical data trend for Bank of Georgia Group'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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Bank of Georgia Group Credit Losses Provision Chart

Bank of Georgia Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
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Bank of Georgia Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Bank of Georgia Group 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 €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.


Bank of Georgia Group Business Description

Traded in Other Exchanges
Address
29 Farm Street, London, GBR, W1J 5RL
Bank of Georgia Group PLC along with its subsidiaries provides banking and financial services focused in the Georgian and Armenian markets. It offers services like banking, leasing, brokerage, and investment management among other services to corporate and individual customers. The company's operating segments are; Retail Banking, SME Banking, Corporate Investment Banking, and BNB. The majority of the revenue is generated from is Retail Banking segment which principally provides consumer loans, mortgage loans, overdrafts, credit cards and other credit facilities, funds transfers, settlement services, and accepting deposits among other banking services.

Bank of Georgia Group Headlines

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