Palestine Investment Bank (XPAE:PIBC) Allowance For Loans And Lease Losses : $-14.64 Mil (As of Dec. 2023)

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

Palestine Investment Bank's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-14.64 Mil.

Palestine Investment Bank's quarterly Allowance For Loans And Lease Losses stayed the same from Jun. 2023 ($0.00 Mil) to Sep. 2023 ($0.00 Mil) but then declined from Sep. 2023 ($0.00 Mil) to Dec. 2023 ($-14.64 Mil).

Palestine Investment Bank's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-7.76 Mil) to Dec. 2022 ($-9.32 Mil) and declined from Dec. 2022 ($-9.32 Mil) to Dec. 2023 ($-14.64 Mil).

Palestine Investment Bank Allowance For Loans And Lease Losses Historical Data

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

Palestine Investment Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-3.69

-5.21

-7.76

-9.32

-14.64

Palestine Investment Bank 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															-9.32	-	-	-	-14.64

Palestine Investment 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.

Palestine Investment Bank Allowance For Loans And Lease Losses Related Terms

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Palestine Investment Bank (XPAE:PIBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Palestine Investment Bank (XPAE:PIBC) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

Irsal street, Al-Bireh, PSE

Website

http://www.pibbank.com

Palestine Investment Bank is engaged in banking and financial activities in Palestine. The services provided by bank includes Current Account, Savings Account, Term Deposit Account and Smart Deposit. The commercial services of the bank include Letters of Credit, Issuing Letters of Guarantee and Bills for Collection. The company's operating business segments are Retail banking, Corporate banking services, Treasury and others. The revenue of the company derives from retail banking.

Palestine Investment Bank (XPAE:PIBC) Headlines

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