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Bank of Georgia Group (LSE:BGEO) Allowance For Loans And Lease Losses : £-94.7 Mil (As of Dec. 2023)


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What is Bank of Georgia Group Allowance For Loans And Lease Losses?

Bank of Georgia Group's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was £-94.7 Mil.

Bank of Georgia Group's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 (£-92.0 Mil) to Sep. 2023 (£0.0 Mil) but then declined from Sep. 2023 (£0.0 Mil) to Dec. 2023 (£-94.7 Mil).

Bank of Georgia Group's annual Allowance For Loans And Lease Losses increased from Dec. 2021 (£-117.0 Mil) to Dec. 2022 (£-94.2 Mil) but then declined from Dec. 2022 (£-94.2 Mil) to Dec. 2023 (£-94.7 Mil).


Bank of Georgia Group Allowance For Loans And Lease Losses Historical Data

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

Bank of Georgia Group 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 -65.06 -128.17 -116.98 -94.21 -94.73

Bank of Georgia Group 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 -94.21 - -91.99 - -94.73

Bank of Georgia Group 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 Georgia Group Allowance For Loans And Lease Losses Related Terms

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Bank of Georgia Group (LSE:BGEO) Business Description

Industry
Traded in Other Exchanges
Address
42 Brook Street, London, GBR, W1K 5DB
Bank of Georgia Group PLC offers banking services. The company through its banking divisions involves in various business which includes retail banking and payment services, corporate investment banking and wealth management operations, and banking operations in Belarus which forms the core entity of the group's banking business. The Bank has operating outlets in all cities of Georgia.

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