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Rizal Commercial Banking (PHS:RCB) Allowance For Loans And Lease Losses : ₱-17,893 Mil (As of Mar. 2024)


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What is Rizal Commercial Banking Allowance For Loans And Lease Losses?

Rizal Commercial Banking's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was ₱-17,893 Mil.

Rizal Commercial Banking's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (₱-17,868 Mil) to Dec. 2023 (₱-17,395 Mil) but then declined from Dec. 2023 (₱-17,395 Mil) to Mar. 2024 (₱-17,893 Mil).

Rizal Commercial Banking's annual Allowance For Loans And Lease Losses increased from Dec. 2021 (₱-18,264 Mil) to Dec. 2022 (₱-16,030 Mil) but then declined from Dec. 2022 (₱-16,030 Mil) to Dec. 2023 (₱-17,395 Mil).


Rizal Commercial Banking Allowance For Loans And Lease Losses Historical Data

The historical data trend for Rizal Commercial Banking'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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Rizal Commercial Banking Allowance For Loans And Lease Losses Chart

Rizal Commercial Banking 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 -13,430.00 -19,193.00 -18,264.00 -16,030.00 -17,395.00

Rizal Commercial Banking 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 -16,627.00 -17,776.00 -17,868.00 -17,395.00 -17,893.00

Rizal Commercial Banking 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.


Rizal Commercial Banking Allowance For Loans And Lease Losses Related Terms

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Rizal Commercial Banking (PHS:RCB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6819 Ayala Avenue Corner Sen Gil Puyat Avenue, 12th Floor, Yuchengco Tower, RCBC Plaza, Makati, PHL, 1200
Rizal Commercial Banking Corporation is a bank based in Makati City, the Philippines. The company provides banking and financial products and services to its customers in the Philippines but also in Asia, Europe, and the United States. The bank operates in the below segments: Retail, Corporate, Small and Medium enterprises, Treasury, and Others. Of these segments, the contributor to revenue is the retail banking function, followed by corporate banking. Services provided to clients include checking and savings accounts, deposits, credit cards, consumer and commercial loans, money market and trading services, investment banking, foreign exchange, wealth management, economic and investment research, syndicated loans, and wholesale lending.

Rizal Commercial Banking (PHS:RCB) Headlines

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