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Bank of Palestine (XPAE:BOP) Allowance For Loans And Lease Losses : $-264.7 Mil (As of Dec. 2023)


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What is Bank of Palestine Allowance For Loans And Lease Losses?

Bank of Palestine's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-264.7 Mil.

Bank of Palestine's quarterly Allowance For Loans And Lease Losses stayed the same from Jun. 2023 ($0.0 Mil) to Sep. 2023 ($0.0 Mil) but then declined from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($-264.7 Mil).

Bank of Palestine's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-169.8 Mil) to Dec. 2022 ($-188.3 Mil) and declined from Dec. 2022 ($-188.3 Mil) to Dec. 2023 ($-264.7 Mil).


Bank of Palestine Allowance For Loans And Lease Losses Historical Data

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

Bank of Palestine 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 -113.58 -150.71 -169.77 -188.26 -264.71

Bank of Palestine Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -188.26 - - - -264.71

Bank of Palestine 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.


Bank of Palestine Allowance For Loans And Lease Losses Related Terms

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Bank of Palestine (XPAE:BOP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ain Misbah, P.O. Box 471, Ramallah, PSE
Bank of Palestine is active in the banking operation in Palestine. The areas of businesses under its portfolio include Retail banking, Corporate banking and Treasury services, which are also its operating segments. The Retail banking is its key segment and generates the maximum revenues through interest received from individual customers' deposits and providing consumer loans, overdrafts, credit card facilities and other services. The Corporate banking segment includes handling loans, credit facilities, deposits and current accounts for corporate, institutional customers and public sector. Under the Treasury service umbrella, the bank provides trading and treasury services and manages the bank's funds and investment.

Bank of Palestine (XPAE:BOP) Headlines

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