Industrial Bank of Korea (XKRX:024110) Allowance For Loans And Lease Losses : ₩-4,853,499 Mil (As of Mar. 2024)

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What is Industrial Bank of Korea Allowance For Loans And Lease Losses?

Industrial Bank of Korea's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was ₩-4,853,499 Mil.

Industrial Bank of Korea's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (₩-4,569,632 Mil) to Dec. 2023 (₩-4,721,281 Mil) and declined from Dec. 2023 (₩-4,721,281 Mil) to Mar. 2024 (₩-4,853,499 Mil).

Industrial Bank of Korea's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (₩-2,936,424 Mil) to Dec. 2022 (₩-3,764,658 Mil) and declined from Dec. 2022 (₩-3,764,658 Mil) to Dec. 2023 (₩-4,721,281 Mil).

Industrial Bank of Korea Allowance For Loans And Lease Losses Historical Data

The historical data trend for Industrial Bank of Korea'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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Industrial Bank of Korea Allowance For Loans And Lease Losses Chart

Industrial Bank of Korea Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-2,613,464.00

-2,805,317.00

-2,936,424.00

-3,764,658.00

-4,721,281.00

Industrial Bank of Korea 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															-4,185,074.00	-4,436,312.00	-4,569,632.00	-4,721,281.00	-4,853,499.00

Industrial Bank of Korea 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.

Industrial Bank of Korea Allowance For Loans And Lease Losses Related Terms

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Industrial Bank of Korea (XKRX:024110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Industrial Bank of Korea (XKRX:024110) » Definitions » Allowance For Loans And Lease Losses

Traded in Other Exchanges

N/A

Address

50 Euljiro 2-Ga, Joong-Gu, Seoul, KOR, 100-758

Website

https://www.ibk.co.kr

Industrial Bank of Korea is a financial institution domiciled in Korea. The company principally earns revenue from interest income. The bank organises itself into seven segments: retail, corporate, money market, investment banking, credit card, foreign exchange, and others. Corporate banking operations represent more than half consolidated revenue, with retail banking operations the next most significant segment. The vast majority of revenue is derived domestically. The Republic of Korea is a majority shareholder in Industrial Bank of Korea.

Industrial Bank of Korea (XKRX:024110) Headlines

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