MCB Bank (KAR:MCB) Allowance For Loans And Lease Losses : ₨-52,759 Mil (As of Mar. 2024)

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What is MCB Bank Allowance For Loans And Lease Losses?

MCB Bank's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was ₨-52,759 Mil.

MCB Bank's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (₨-46,377 Mil) to Dec. 2023 (₨-45,852 Mil) but then declined from Dec. 2023 (₨-45,852 Mil) to Mar. 2024 (₨-52,759 Mil).

MCB Bank's annual Allowance For Loans And Lease Losses increased from Dec. 2021 (₨-46,052 Mil) to Dec. 2022 (₨-44,761 Mil) but then declined from Dec. 2022 (₨-44,761 Mil) to Dec. 2023 (₨-45,852 Mil).

MCB Bank Allowance For Loans And Lease Losses Historical Data

The historical data trend for MCB Bank'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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MCB Bank Allowance For Loans And Lease Losses Chart

MCB Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-43,398.77

-50,680.07

-46,052.19

-44,761.20

-45,852.28

MCB Bank 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															-45,986.78	-46,704.00	-46,376.77	-45,852.28	-52,759.00

MCB Bank 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.

MCB Bank Allowance For Loans And Lease Losses Related Terms

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MCB Bank (KAR:MCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MCB Bank Ltd (KAR:MCB) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

15-Main Gulberg, Jail Road, MCB House, Gulburg, Lahore, PB, PAK

Website

https://www.mcb.com.pk

MCB Bank Ltd is a commercial banking company operating in Pakistan. The bank provides services through its segments such as Retail Banking, Corporate Banking, Consumer Banking, Treasury, and International banking. The majority of the bank's revenues are generated from the Retail banking segment, which includes retail lending and deposits, banking services, cards, and branchless banking. Retail banking offers services such as retail and private lending & deposits and other banking services offered to individual customers and small and medium-term companies. MCB Bank derives majority of its business from its domestic operations. It also has branches across South Asia and the Middle East.