Al Ahli Bank Of Kuwait (KUW:ABK) Credit Losses Provision : KWD0.0 Mil (As of Mar. 2024)

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What is Al Ahli Bank Of Kuwait Credit Losses Provision?

Al Ahli Bank Of Kuwait's credit losses provision for the three months ended in Mar. 2024 was KWD0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was KWD0.0 Mil.

Al Ahli Bank Of Kuwait Credit Losses Provision Historical Data

The historical data trend for Al Ahli Bank Of Kuwait's Credit Losses Provision 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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Al Ahli Bank Of Kuwait Credit Losses Provision Chart

Al Ahli Bank Of Kuwait Annual Data

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Credit Losses Provision

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Al Ahli Bank Of Kuwait Quarterly Data
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Al Ahli Bank Of Kuwait Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0.0 Mil.

Al Ahli Bank Of Kuwait (KUW:ABK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Al Ahli Bank Of Kuwait (KUW:ABK) » Definitions » Credit Losses Provision

Traded in Other Exchanges

N/A

Address

Al Safat Square, Ahmed Al Jaber Street, P.O. Box 1387, Safat, Kuwait City, KWT, 13014

Website

https://www.eahli.com

Al Ahli Bank Of Kuwait is a company engaged in the banking sector, primarily in Kuwait, United Arab Emirates, and Egypt. The group is organized into three business segments. The commercial Banking segment comprises a full range of credit, deposit, and related banking services provided to its corporate and institutional customers. Treasury and Investments segment comprises treasury services provided to customers and balance sheet management activities including money market, derivatives, propriety investment activities, assets management and the residual impact of inter-segment fund transfer pricing, and the Retail and private banking segment comprising products and services to customers which includes loans, credit cards, and wealth management.

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