I&M Holdings (NAI:IMH) Credit Losses Provision : KES0 Mil (As of Mar. 2024)

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What is I&M Holdings Credit Losses Provision?

I&M Holdings's credit losses provision for the three months ended in Mar. 2024 was KES0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was KES0 Mil.

I&M Holdings Credit Losses Provision Historical Data

The historical data trend for I&M Holdings'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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I&M Holdings Credit Losses Provision Chart

I&M Holdings Annual Data

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Credit Losses Provision

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I&M Holdings Quarterly Data
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I&M Holdings 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 KES0 Mil.

I&M Holdings (NAI:IMH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » I&M Holdings Ltd (NAI:IMH) » Definitions » Credit Losses Provision

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Address

1 Park Avenue, 1st Parklands Avenue, P.O. Box 30238, Nairobi, KEN, 00100

Website

https://www.imbank.com

I&M Holdings Ltd Formerly I&M Holdings PLC is a non-operating holding company, along with its subsidiaries provide banking, financial and related services. The group operations are divided into five geographical segments, Kenya, Tanzania, Rwanda, Mauritius, and Uganda. It offers a range of personal banking products, such as bank accounts, cards, mobile banking, Internet banking, investment management services, loans, foreign exchange, and funds transfer. Business banking products include business accounts, loans, e-commerce, salary processing, trade services, interest rates, foreign exchange, insurance premium financing, funds transfer, asset finance, and cash management services. The company generates the majority of its revenue from operation within Kenya.

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