Fidelity Bank (NSA:FBP) Allowance For Loans And Lease Losses : ₦-154,563 Mil (As of Mar. 2024)

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What is Fidelity Bank Allowance For Loans And Lease Losses?

Fidelity Bank's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was ₦-154,563 Mil.

Fidelity Bank's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (₦-109,878 Mil) to Dec. 2023 (₦-143,970 Mil) and declined from Dec. 2023 (₦-143,970 Mil) to Mar. 2024 (₦-154,563 Mil).

Fidelity Bank's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (₦-74,131 Mil) to Dec. 2022 (₦-80,548 Mil) and declined from Dec. 2022 (₦-80,548 Mil) to Dec. 2023 (₦-143,970 Mil).

Fidelity Bank Allowance For Loans And Lease Losses Historical Data

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

Fidelity Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-51,415.00

-67,518.00

-74,131.00

-80,548.00

-143,970.00

Fidelity 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															-83,891.00	-98,919.00	-109,878.00	-143,970.00	-154,563.00

Fidelity 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.

Fidelity Bank Allowance For Loans And Lease Losses Related Terms

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Fidelity Bank (NSA:FBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Fidelity Bank PLC (NSA:FBP) » Definitions » Allowance For Loans And Lease Losses

Traded in Other Exchanges

N/A

Address

2 Kofo Abayomi Street, Fidelity Place, Victoria Island, Lagos, NGA

Website

https://www.fidelitybank.ng

Fidelity Bank PLC is a Nigerian based bank that offers banking and other financial services to corporate and individual customers. It operates through segments including Retail banking that offers retail, personal and commercial services to individuals, small and medium business customers and E-Business products to serve retail banking. Its Corporate Banking segment offers commercial and corporate banking services to corporate business customers, it covers the Power and Infrastructure, Oil and Gas Upstream and downstream, Real Estate, Agro-Allied, and other industries. Investment banking segment is involved in the funding and management of the bank's securities, trading, and investment decisions.