Shawbrook Group (LSE:SHAA) Credit Losses Provision : £0.00 Mil (As of Dec. 2016)

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What is Shawbrook Group Credit Losses Provision?

Shawbrook Group's credit losses provision for the six months ended in Dec. 2016 was £0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2016 was £0.00 Mil.

Shawbrook Group Credit Losses Provision Historical Data

The historical data trend for Shawbrook 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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Shawbrook Group Credit Losses Provision Chart

Shawbrook Group Annual Data

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Credit Losses Provision

Shawbrook Group Semi-Annual Data
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Shawbrook 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 Dec. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

Shawbrook Group (LSE:SHAA) Business Description

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Address

Website

http://www.shawbrook.co.uk

Shawbrook Group PLC is a specialist savings and lending bank operating in the United Kingdom. It focuses mostly on poorly served customer segments across the small to medium-size enterprise and retail market of the island nation. Shawbrook's primary markets include property, business, and consumer finance. The company has grown since its founding through mostly acquisitions. Net operating income mostly derives from asset finance, commercial mortgages, and secured lending. Shawbrook emphasizes customer service, reputation, and efficiency in evaluating its strategy implementation.

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