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Commercial Bank of Dubai PSC (DFM:CBD) Allowance For Loans And Lease Losses : د.إ-5,971 Mil (As of Mar. 2024)


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What is Commercial Bank of Dubai PSC Allowance For Loans And Lease Losses?

Commercial Bank of Dubai PSC's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was د.إ-5,971 Mil.

Commercial Bank of Dubai PSC's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (د.إ-5,588 Mil) to Dec. 2023 (د.إ-5,561 Mil) but then declined from Dec. 2023 (د.إ-5,561 Mil) to Mar. 2024 (د.إ-5,971 Mil).

Commercial Bank of Dubai PSC's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (د.إ-4,024 Mil) to Dec. 2022 (د.إ-4,900 Mil) and declined from Dec. 2022 (د.إ-4,900 Mil) to Dec. 2023 (د.إ-5,561 Mil).


Commercial Bank of Dubai PSC Allowance For Loans And Lease Losses Historical Data

The historical data trend for Commercial Bank of Dubai PSC's Allowance For Loans And Lease Losses 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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Commercial Bank of Dubai PSC Allowance For Loans And Lease Losses Chart

Commercial Bank of Dubai PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,858.45 -3,760.73 -4,023.82 -4,899.62 -5,560.76

Commercial Bank of Dubai PSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Allowance For Loans And Lease Losses 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 -5,266.08 -5,634.56 -5,588.27 -5,560.76 -5,970.83

Commercial Bank of Dubai PSC Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.


Commercial Bank of Dubai PSC Allowance For Loans And Lease Losses Related Terms

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Commercial Bank of Dubai PSC (DFM:CBD) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Al Ittihad Street, P.O. Box 2668, Dubai, ARE
Commercial Bank of Dubai PSC is a banking firm operating in the United Arab Emirates. The company's operating segments include Institutional banking, Corporate banking, Personal banking, and Trading and Other. It generates maximum revenue from the Corporate banking segment. The company services include a current account, savings account, and deposits. Its borrowing services comprise personal loans, home loans, car loans, and credit card facilities of various types. Under its protection portfolio, the bank provides general insurance, life insurance and safe deposit services and its investment services include asset management, financial economy and international investment plans.

Commercial Bank of Dubai PSC (DFM:CBD) Headlines

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