Faisal Islamic Bank of Egypt (CAI:FAIT) Allowance For Loans And Lease Losses : E£-1,104 Mil (As of Dec. 2023)

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What is Faisal Islamic Bank of Egypt Allowance For Loans And Lease Losses?

Faisal Islamic Bank of Egypt's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was E£-1,104 Mil.

Faisal Islamic Bank of Egypt's quarterly Allowance For Loans And Lease Losses stayed the same from Jun. 2023 (E£0 Mil) to Sep. 2023 (E£0 Mil) but then declined from Sep. 2023 (E£0 Mil) to Dec. 2023 (E£-1,104 Mil).

Faisal Islamic Bank of Egypt's annual Allowance For Loans And Lease Losses increased from Dec. 2021 (E£-845 Mil) to Dec. 2022 (E£-628 Mil) but then declined from Dec. 2022 (E£-628 Mil) to Dec. 2023 (E£-1,104 Mil).

Faisal Islamic Bank of Egypt Allowance For Loans And Lease Losses Historical Data

The historical data trend for Faisal Islamic Bank of Egypt'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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Faisal Islamic Bank of Egypt Allowance For Loans And Lease Losses Chart

Faisal Islamic Bank of Egypt Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-896.17

-648.84

-844.64

-627.71

-1,103.55

Faisal Islamic Bank of Egypt 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															-627.71	-	-	-	-1,103.55

Faisal Islamic Bank of Egypt 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.

Faisal Islamic Bank of Egypt Allowance For Loans And Lease Losses Related Terms

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Faisal Islamic Bank of Egypt (CAI:FAIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Faisal Islamic Bank of Egypt (CAI:FAIT) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

FAITA:Egypt

Address

3, 26 July Street, P.O. Box: 2446, Cairo, EGY, 11511

Website

https://www.faisalbank.com.eg

Faisal Islamic Bank of Egypt is an Egyptian Islamic and commercial bank. It provides general banking services like deposits, loans, letters of credit and guarantee, securities services, saving pools, and finance and investment.

Faisal Islamic Bank of Egypt (CAI:FAIT) Headlines

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