Agricultural Development Bank (XGHA:ADB) Credit Losses Provision : GHS0.0 Mil (As of Mar. 2024)

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What is Agricultural Development Bank Credit Losses Provision?

Agricultural Development Bank's credit losses provision for the three months ended in Mar. 2024 was GHS0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was GHS0.0 Mil.

Agricultural Development Bank Credit Losses Provision Historical Data

The historical data trend for Agricultural Development 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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Agricultural Development Bank Credit Losses Provision Chart

Agricultural Development Bank Annual Data

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Credit Losses Provision

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Agricultural Development Bank Quarterly Data
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Agricultural Development 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.

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 GHS0.0 Mil.

Agricultural Development Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Agricultural Development Bank Ltd (XGHA:ADB) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

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Address

Accra Financial Centre, P.O. Box 4191, Ridge, 3rd Ambassadorial Development Area, Accra, GHA

Website

https://www.agricbank.com

Agricultural Development Bank Ltd is a universal bank offering a full range of banking products and services. The company's operating segment includes Corporate Banking, Retail Banking, and Central Treasurys. Corporate Banking includes loans, deposits, and other transactions and balances with corporate customers including the Agricultural sector. Retail Banking includes loans, deposits, and other transactions and balances with retail customers. The central Treasury segment undertakes the Bank's funding and centralised risk management activities through borrowings, issues of debt securities, use of derivatives for risk management purposes, and investing in liquid assets such as short-term placements and corporate and government debt securities.

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