Resortvings and Loans (NSA:RESORTSAL) Credit Losses Provision : ₦0.00 Mil (As of . 20)

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What is Resortvings and Loans Credit Losses Provision?

Resortvings and Loans's credit losses provision for the three months ended in . 20 was ₦0.00 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in . 20 was ₦0.00 Mil.

Resortvings and Loans Credit Losses Provision Historical Data

The historical data trend for Resortvings and Loans'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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Resortvings and Loans Credit Losses Provision Chart

Resortvings and Loans Annual Data

Trend

Credit Losses Provision

Resortvings and Loans Quarterly Data

Credit Losses Provision

Resortvings and Loans 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 . 20 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦0.00 Mil.

Resortvings and Loans (NSA:RESORTSAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Resort Savings and Loans PLC (NSA:RESORTSAL) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

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Address

12, Boyle street Onikan, Lagos, NGA

Website

http://www.resortng.com

Resort Savings and Loans PLC operates as a Mortgage bank. It is a primary Mortgage Bank (PMB) authorised to receive deposits and maintain accounts for their customers for the purpose of providing service, creating mortgage assets and other credit facilities. It provides retail Mortgage Banking Services to variety of customers to own their own houses. The bank is actively involved in the National Housing Fund loan disbursement and the monthly NHF remittance collection.

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