United Bank for Africa (United Bank for Africa) Allowance For Loans And Lease Losses : $-168 Mil (As of Mar. 2024)

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What is United Bank for Africa Allowance For Loans And Lease Losses?

United Bank for Africa's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was $-168 Mil.

United Bank for Africa's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 ($-161 Mil) to Dec. 2023 ($-163 Mil) and declined from Dec. 2023 ($-163 Mil) to Mar. 2024 ($-168 Mil).

United Bank for Africa's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-66 Mil) to Dec. 2022 ($-57 Mil) but then declined from Dec. 2022 ($-57 Mil) to Dec. 2023 ($-163 Mil).

United Bank for Africa Allowance For Loans And Lease Losses Historical Data

The historical data trend for United Bank for Africa'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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United Bank for Africa Allowance For Loans And Lease Losses Chart

United Bank for Africa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-58.65

-75.48

-65.95

-56.96

-162.93

United Bank for Africa Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-56.66	-178.17	-160.83	-162.93	-167.68

United Bank for Africa 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.

United Bank for Africa Allowance For Loans And Lease Losses Related Terms

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United Bank for Africa (United Bank for Africa) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Bank for Africa PLC (GREY:UBKZF) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

UBA:Nigeria

Address

57 Marina, UBA House, Lagos, NGA

Website

https://www.ubagroup.com

United Bank for Africa PLC is a financial services institution. It offers banking and other financial and pension fund custody services. The geographical segments of the company are Nigeria, the Rest of Africa and the Rest of the world. The business segments of the company are 1) Corporate Banking, which provides financial solutions to multinationals, regional companies, state-owned companies, non-governmental organizations, international and multinational organizations and financial institutions. 2) Retail/ Commercial banking segment products and services to the middle and retail segments of the market. 3) Treasury and Financial Markets segment provide financing and risk management solutions and advisory services to the company's corporate and institutional customers.

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