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Hang Seng Bank (Hang Seng Bank) Allowance For Loans And Lease Losses : $-1,746 Mil (As of Dec. 2023)


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What is Hang Seng Bank Allowance For Loans And Lease Losses?

Hang Seng Bank's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-1,746 Mil.

Hang Seng Bank's quarterly Allowance For Loans And Lease Losses declined from Dec. 2022 ($-1,720 Mil) to Jun. 2023 ($-1,841 Mil) but then increased from Jun. 2023 ($-1,841 Mil) to Dec. 2023 ($-1,746 Mil).

Hang Seng Bank's annual Allowance For Loans And Lease Losses declined from Dec. 2021 ($-888 Mil) to Dec. 2022 ($-1,720 Mil) and declined from Dec. 2022 ($-1,720 Mil) to Dec. 2023 ($-1,746 Mil).


Hang Seng Bank Allowance For Loans And Lease Losses Historical Data

The historical data trend for Hang Seng 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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Hang Seng Bank Allowance For Loans And Lease Losses Chart

Hang Seng Bank 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 -450.13 -668.22 -888.32 -1,720.40 -1,745.63

Hang Seng Bank 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 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 -888.32 -1,105.75 -1,720.40 -1,841.19 -1,745.63

Hang Seng 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.


Hang Seng Bank Allowance For Loans And Lease Losses Related Terms

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Hang Seng Bank (Hang Seng Bank) Business Description

Industry
Traded in Other Exchanges
Address
83 Des Voeux Road Central, Hong kong, HKG
Hang Seng Bank is a Hong Kong-based financial institution. Founded in 1933, the bank has a long history in Hong Kong and operates three main segments, retail banking and wealth management, commercial banking, and global banking and markets. The majority of the group's profit is generated in Hong Kong and mainland China. HSBC has been its majority shareholder since 1965, with a controlling 62% stake.

Hang Seng Bank (Hang Seng Bank) Headlines

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