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SCB X PCL (BKK:SCB) Credit Losses Provision : ฿43,844 Mil (As of Mar. 2024)


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What is SCB X PCL Credit Losses Provision?

SCB X PCL's credit losses provision for the three months ended in Mar. 2024 was ฿10,201 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was ฿43,844 Mil.

SCB X PCL's quarterly credit losses provision declined from Sep. 2023 (฿12,245 Mil) to Dec. 2023 (฿9,300 Mil) but then increased from Dec. 2023 (฿9,300 Mil) to Mar. 2024 (฿10,201 Mil).

SCB X PCL's annual credit losses provision declined from Dec. 2021 (฿42,066 Mil) to Dec. 2022 (฿33,765 Mil) but then increased from Dec. 2022 (฿33,765 Mil) to Dec. 2023 (฿43,570 Mil).


SCB X PCL Credit Losses Provision Historical Data

The historical data trend for SCB X PCL'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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SCB X PCL Credit Losses Provision Chart

SCB X PCL 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 36,053.00 46,580.00 42,066.00 33,765.00 43,570.00

SCB X PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9,927.45 12,097.64 12,244.67 9,300.24 10,201.28

SCB X PCL 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 ฿43,844 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.


SCB X PCL (BKK:SCB) Business Description

Industry
Traded in Other Exchanges
Address
9 Ratchadapisek Road, Jatujak, Bangkok, THA, 10900
SCB X PCL is a full-service Thai bank, and its principal shareholder is the Thai Crown Property Bureau followed by a fund operating under the Thai Ministry of Finance. The bank provides a range of financial services such as customer deposits, home loans, personal credit, car hire purchases, ATM and debit transactions, currency exchanges and overseas remittances as well as corporate banking, insurance, asset management, and securities trading. The bank's long-term strategy focuses on small and medium-sized enterprises, financial planning, customer service, and digitalization and analytics. Nearly half of its loan portfolio is in retail loans, most of which are housing loans.

SCB X PCL (BKK:SCB) Headlines

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