GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hong Leong Finance Ltd (SGX:S41) » Definitions » Credit Losses Provision

Hong Leong Finance (SGX:S41) Credit Losses Provision : S$0.0 Mil (As of Dec. 2023)


View and export this data going back to 1981. Start your Free Trial

What is Hong Leong Finance Credit Losses Provision?

Hong Leong Finance's credit losses provision for the six months ended in Dec. 2023 was S$0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was S$0.0 Mil.


Hong Leong Finance Credit Losses Provision Historical Data

The historical data trend for Hong Leong Finance'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.

* Premium members only.

Hong Leong Finance Credit Losses Provision Chart

Hong Leong Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Hong Leong Finance Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Credit Losses Provision Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Hong Leong Finance 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$0.0 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.


Hong Leong Finance (SGX:S41) Business Description

Traded in Other Exchanges
N/A
Address
16 Raffles Quay, No. 01-05, Hong Leong Building, Singapore, SGP, 048581
Hong Leong Finance Ltd offers banking services to business enterprises and retail customers. It specializes in working with small and medium enterprises and offers a variety of credit and loan options for them. For retail customers, Hong Leong offers home and car loans. Net interest income accounts for around 80% of the company's total revenue. Hong Leong generates its remaining revenue through fees and commissions for its advisory and corporate finance services. Hong Leong operates exclusively in Singapore.

Hong Leong Finance (SGX:S41) Headlines

No Headlines