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United Arab Bank PJSC (ADX:UAB) Allowance For Loans And Lease Losses : د.إ-654.6 Mil (As of Dec. 2023)


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What is United Arab Bank PJSC Allowance For Loans And Lease Losses?

United Arab Bank PJSC's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was د.إ-654.6 Mil.

United Arab Bank PJSC's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 (د.إ-609.6 Mil) to Sep. 2023 (د.إ-632.0 Mil) and declined from Sep. 2023 (د.إ-632.0 Mil) to Dec. 2023 (د.إ-654.6 Mil).

United Arab Bank PJSC's annual Allowance For Loans And Lease Losses increased from Dec. 2021 (د.إ-700.4 Mil) to Dec. 2022 (د.إ-635.3 Mil) but then declined from Dec. 2022 (د.إ-635.3 Mil) to Dec. 2023 (د.إ-654.6 Mil).


United Arab Bank PJSC Allowance For Loans And Lease Losses Historical Data

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

United Arab Bank PJSC 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 -1,467.12 -1,655.54 -700.39 -635.34 -654.64

United Arab Bank PJSC 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 -635.34 -632.60 -609.63 -631.99 -654.64

United Arab Bank PJSC 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 Arab Bank PJSC Allowance For Loans And Lease Losses Related Terms

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United Arab Bank PJSC (ADX:UAB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Emirate of Sharjah, P.O. Box 25022, Sharjah, ARE
United Arab Bank PJSC provides financial services. It is organized into two segments: Wholesale Banking and Retail Banking. Wholesale banking handles loans and other credit facilities and deposits and current accounts for corporate and institutional customers. It also includes Financial Markets which are involved in providing money market, trading, and treasury services, as well as the management of the Bank's funding operations. Retail banking handles individual customers' deposits and provides consumer-type loans, overdrafts, credit card facilities, and funds transfer facilities as well as Islamic banking services. Geographically, the bank operates within Middle East.

United Arab Bank PJSC (ADX:UAB) Headlines

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