Standard Bank Group (Standard Bank Group) Allowance For Loans And Lease Losses : $-3,435 Mil (As of Dec. 2023)

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What is Standard Bank Group Allowance For Loans And Lease Losses?

Standard Bank Group's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-3,435 Mil.

Standard Bank Group's quarterly Allowance For Loans And Lease Losses declined from Dec. 2022 ($-3,231 Mil) to Jun. 2023 ($-3,280 Mil) and declined from Jun. 2023 ($-3,280 Mil) to Dec. 2023 ($-3,435 Mil).

Standard Bank Group's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-3,234 Mil) to Dec. 2022 ($-3,231 Mil) but then declined from Dec. 2022 ($-3,231 Mil) to Dec. 2023 ($-3,435 Mil).

Standard Bank Group Allowance For Loans And Lease Losses Historical Data

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

Standard Bank Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-2,449.52

-3,358.87

-3,234.29

-3,230.79

-3,434.54

Standard Bank Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-3,234.29	-3,398.99	-3,230.79	-3,280.11	-3,434.54

Standard Bank Group 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.

Standard Bank Group Allowance For Loans And Lease Losses Related Terms

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Standard Bank Group (Standard Bank Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Standard Bank Group Ltd (OTCPK:SGBLY) » Definitions » Allowance For Loans And Lease Losses

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Address

550 Denman Street, Suite 200, Vancouver, BC, CAN

Website

https://www.standardbank.com

Standard Bank Group Ltd provides banking and other financial services for its customers in roughly 20 countries in sub-Saharan Africa. Its two biggest business segments are personal and business banking and corporate and investment banking. The company earns most of its income from the personal and business banking segment, where it offers credit cards, mortgages, vehicle loans, insurance, and other lending and transactional products. The company generates nearly all its income in Africa, with most coming from South Africa.

Standard Bank Group (Standard Bank Group) Headlines

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