Standard Bank Malawi (MSW:STANDARD) Credit Losses Provision : MWK0 Mil (As of Dec. 2023)

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What is Standard Bank Malawi Credit Losses Provision?

Standard Bank Malawi's credit losses provision for the six months ended in Dec. 2023 was MWK0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was MWK0 Mil.

Standard Bank Malawi Credit Losses Provision Historical Data

The historical data trend for Standard Bank Malawi'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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Standard Bank Malawi Credit Losses Provision Chart

Standard Bank Malawi Annual Data

Trend

Dec18

Dec19

Dec20

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Dec23

Credit Losses Provision

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Standard Bank Malawi Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Credit Losses Provision	Get a 7-Day Free Trial						-	-	-	-	-

Standard Bank Malawi 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 semi-annually data reported by the company within the most recent 12 months, which was MWK0 Mil.

Standard Bank Malawi (MSW:STANDARD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Bank Malawi PLC (MSW:STANDARD) » Definitions » Credit Losses Provision

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Address

Africa Unity Avenue, P O Box 30380, Standard Bank Centre, Lilongwe, MWI, 3

Website

https://www.standardbank.co.mw

Standard Bank Malawi PLC provides banking services. Its business operations are divided into three segments Corporate and Investment Banking, Consumer and High Net Worth clients, Business and Commercial clients & Treasury and Capital Management. Services offered by the company include current accounts, savings, deposits, investment savings products, custody, debit cards, consumer loans, mortgages, internet banking, telephone banking, foreign exchange, commodities, debt securities, and equities trading, among others. Its branches are located across Malawi. The Bank offers its services to individual customers and small to medium-sized enterprises.

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