Riyad Bank (SAU:1010) Allowance For Loans And Lease Losses : ﷼-4,827 Mil (As of Mar. 2024)

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What is Riyad Bank Allowance For Loans And Lease Losses?

Riyad Bank's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was ﷼-4,827 Mil.

Riyad Bank's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (﷼-4,737 Mil) to Dec. 2023 (﷼-4,922 Mil) but then increased from Dec. 2023 (﷼-4,922 Mil) to Mar. 2024 (﷼-4,827 Mil).

Riyad Bank's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (﷼-4,514 Mil) to Dec. 2022 (﷼-4,755 Mil) and declined from Dec. 2022 (﷼-4,755 Mil) to Dec. 2023 (﷼-4,922 Mil).

Riyad Bank Allowance For Loans And Lease Losses Historical Data

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

Riyad Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-2,755.87

-4,534.01

-4,514.16

-4,754.80

-4,922.32

Riyad 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															-4,593.68	-4,668.87	-4,736.88	-4,922.32	-4,826.61

Riyad 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.

Riyad Bank Allowance For Loans And Lease Losses Related Terms

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Riyad Bank (SAU:1010) Business Description

Industry

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Traded in Other Exchanges

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Address

Eastern Ring Road, Granada Oasis, A1 Tower, P.O. Box 22622, Al Shuhada District, Riyadh, SAU, 11416

Website

https://www.riyadbank.com

Riyad Bank is a financial institution in Saudi Arabia. The company provides a full range of banking and investment services. It also provides its customer's Islamic banking products, which are approved and supervised by an independent Shariah Board established by the Bank. The company operates in four business segments: Retail Banking, Investment banking and brokerage, Corporate banking, and Treasury and Investments. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment handles corporate customers' current accounts, deposits and provides loans, overdrafts, and other credit facilities.

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