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Akbank TAS (Akbank TAS) Allowance For Loans And Lease Losses : $-1,128 Mil (As of Dec. 2023)


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What is Akbank TAS Allowance For Loans And Lease Losses?

Akbank TAS's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was $-1,128 Mil.

Akbank TAS's quarterly Allowance For Loans And Lease Losses increased from Jun. 2023 ($-1,167 Mil) to Sep. 2023 ($-1,108 Mil) but then declined from Sep. 2023 ($-1,108 Mil) to Dec. 2023 ($-1,128 Mil).

Akbank TAS's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-1,404 Mil) to Dec. 2022 ($-1,192 Mil) and increased from Dec. 2022 ($-1,192 Mil) to Dec. 2023 ($-1,128 Mil).


Akbank TAS Allowance For Loans And Lease Losses Historical Data

The historical data trend for Akbank TAS'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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Akbank TAS Allowance For Loans And Lease Losses Chart

Akbank TAS 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 -2,173.03 -2,202.03 -1,403.89 -1,192.14 -1,128.17

Akbank TAS 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 -1,192.14 -1,286.03 -1,166.70 -1,108.41 -1,128.17

Akbank TAS 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.


Akbank TAS Allowance For Loans And Lease Losses Related Terms

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Akbank TAS (Akbank TAS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Akbank TAS (OTCPK:AKBTY) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
Address
Akbank Sabanci Center, 4. Levent, Istanbul, TUR, 34330
Akbank TAS is a Turkish bank whose core business activities include consumer and private, commercial, small to midsize enterprise, and corporate and investment banking services. Other activities include foreign exchange, money markets, and securities transactions. In addition to traditional banking activities, the company provides insurance intermediary services. Approximately half of the bank's outstanding shares are owned by Sabanci Holding, a large Turkish financial conglomerate, and its affiliates. Net interest income contributes to the vast majority of net revenue, followed by net fees and commissions. The banks gives credit exposure to the services industry.

Akbank TAS (Akbank TAS) Headlines

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