Al Ahli Bank Of Kuwait (KUW:ABK) Allowance For Loans And Lease Losses : KWD-326.7 Mil (As of Mar. 2024)

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What is Al Ahli Bank Of Kuwait Allowance For Loans And Lease Losses?

Al Ahli Bank Of Kuwait's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was KWD-326.7 Mil.

Al Ahli Bank Of Kuwait's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (KWD-310.4 Mil) to Dec. 2023 (KWD-319.8 Mil) and declined from Dec. 2023 (KWD-319.8 Mil) to Mar. 2024 (KWD-326.7 Mil).

Al Ahli Bank Of Kuwait's annual Allowance For Loans And Lease Losses stayed the same from Dec. 2021 (KWD0.0 Mil) to Dec. 2022 (KWD0.0 Mil) but then declined from Dec. 2022 (KWD0.0 Mil) to Dec. 2023 (KWD-319.8 Mil).

Al Ahli Bank Of Kuwait Allowance For Loans And Lease Losses Historical Data

The historical data trend for Al Ahli Bank Of Kuwait'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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Al Ahli Bank Of Kuwait Allowance For Loans And Lease Losses Chart

Al Ahli Bank Of Kuwait Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-319.83

Al Ahli Bank Of Kuwait 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															-285.71	-291.86	-310.44	-319.83	-326.66

Al Ahli Bank Of Kuwait 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.

Al Ahli Bank Of Kuwait Allowance For Loans And Lease Losses Related Terms

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Al Ahli Bank Of Kuwait (KUW:ABK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Al Ahli Bank Of Kuwait (KUW:ABK) » Definitions » Allowance For Loans And Lease Losses

Traded in Other Exchanges

N/A

Address

Al Safat Square, Ahmed Al Jaber Street, P.O. Box 1387, Safat, Kuwait City, KWT, 13014

Website

https://www.eahli.com

Al Ahli Bank Of Kuwait is a company engaged in the banking sector, primarily in Kuwait, United Arab Emirates, and Egypt. The group is organized into three business segments. The commercial Banking segment comprises a full range of credit, deposit, and related banking services provided to its corporate and institutional customers. Treasury and Investments segment comprises treasury services provided to customers and balance sheet management activities including money market, derivatives, propriety investment activities, assets management and the residual impact of inter-segment fund transfer pricing, and the Retail and private banking segment comprising products and services to customers which includes loans, credit cards, and wealth management.

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