Manx Financial Group (LSE:MFX) Credit Losses Provision : £0.00 Mil (As of Jun. 2024)

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What is Manx Financial Group Credit Losses Provision?

Manx Financial Group's credit losses provision for the six months ended in Jun. 2024 was £0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2024 was £0.00 Mil.

Manx Financial Group Credit Losses Provision Historical Data

The historical data trend for Manx Financial 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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Manx Financial Group Credit Losses Provision Chart

Manx Financial Group Annual Data

Trend

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Credit Losses Provision

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Manx Financial Group Semi-Annual Data
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Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

Manx Financial 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Manx Financial Group Business Description

Industry

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Traded in Other Exchanges

3IM:Germany

Address

Victoria Street, Clarendon House, Douglas, IMN, IM1 2LN

Website

https://www.mfg.im

Manx Financial Group PLC is a banking company. The group along with its subsidiaries offers retail and commercial banking services, payment solutions, wealth management, general insurance, and life insurance. It operates in three product orientated segments along with investing activities: Asset and Personal Finance (including provision of HP contracts, finance leases, personal loans, commercial loans, block discounting, vehicle stocking plans and wholesale funding agreements); Edgewater Associates Limited (provision of financial advice); and MFX Limited (provision of foreign currency transaction services). The Group currently operates in one geographic segment comprising of the Isle of Man, UK and Channel Islands and its lending is restricted to individuals and entities in this region.

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