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Abbey Mortgage Bank (NSA:ABBEYBDS) Credit Losses Provision : ₦0 Mil (As of Dec. 2023)


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What is Abbey Mortgage Bank Credit Losses Provision?

Abbey Mortgage Bank's credit losses provision for the six months ended in Dec. 2023 was ₦0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was ₦0 Mil.


Abbey Mortgage Bank Credit Losses Provision Historical Data

The historical data trend for Abbey Mortgage Bank'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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Abbey Mortgage Bank Credit Losses Provision Chart

Abbey Mortgage Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
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Abbey Mortgage Bank Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Abbey Mortgage Bank 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 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.


Abbey Mortgage Bank Business Description

Traded in Other Exchanges
N/A
Address
No 23, Karimu Kotun Street, Victoria Island, Lagos, NGA
Abbey Mortgage Bank PLC provides loan, mortgage and banking services to corporate and individual customers. The Bank's operations are geographically divided into two segments based on its operations within the northern and southern Nigeria The company offers a savings account, deposits, fund management services, personal loan, real estate and mortgage services and construction financing, among others.

Abbey Mortgage Bank Headlines

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