Gronlandsbanken A/S (OCSE:GRLA) Credit Losses Provision : kr0.0 Mil (As of Mar. 2024)

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What is Gronlandsbanken A/S Credit Losses Provision?

Gronlandsbanken A/S's credit losses provision for the three months ended in Mar. 2024 was kr0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was kr0.0 Mil.

Gronlandsbanken A/S Credit Losses Provision Historical Data

The historical data trend for Gronlandsbanken A/S'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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Gronlandsbanken A/S Credit Losses Provision Chart

Gronlandsbanken A/S Annual Data

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Credit Losses Provision

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Gronlandsbanken A/S Quarterly Data
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Credit Losses Provision	Get a 7-Day Free Trial															-	-	-	-	-

Gronlandsbanken A/S 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr0.0 Mil.

Gronlandsbanken A/S (OCSE:GRLA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gronlandsbanken A/S (OCSE:GRLA) » Definitions » Credit Losses Provision

Traded in Other Exchanges

N/A

Address

Imaneq 33, Post Box 1033, Nuuk, GRL, 3900

Website

https://www.banken.gl

Grønlandsbanken A/S is a Greenland-based bank engaged in consultancy and financial services in Greenland. The bank's products and services are provided to private customers and commercial enterprises. The company offers home banking, mortgage loans, savings accounts, pension funds, insurance, payment transfers, and investment advisory services. It also operates an electronic banking platform, named Netbank, which enables access to a range of facilities, such as payments, transfers, and invoices.

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