Avanza Bank Holding AB (CHIX:AZAS) Allowance For Loans And Lease Losses

: kr0 Mil (As of Dec. 2023)

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Avanza Bank Holding AB's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was kr0 Mil.

Avanza Bank Holding AB's annual Allowance For Loans And Lease Losses increased from Dec. 2021 (kr-10 Mil) to Dec. 2022 (kr0 Mil) but then stayed the same from Dec. 2022 (kr0 Mil) to Dec. 2023 (kr0 Mil).

Avanza Bank Holding AB Allowance For Loans And Lease Losses Historical Data

The historical data trend for Avanza Bank Holding AB'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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Avanza Bank Holding AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

-10.00

-14.00

-10.00

Avanza Bank Holding AB 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																-	-	-	-	-

Avanza Bank Holding AB 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.

Avanza Bank Holding AB Allowance For Loans And Lease Losses Related Terms

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Avanza Bank Holding AB (CHIX:AZAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Avanza Bank Holding AB (CHIX:AZAs) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

AZA:Sweden 0NUK:UK

Address

Regeringsgatan 103, Box 1399, Stockholm, SWE, SE-111 93

Website

https://www.avanza.se

Avanza Bank Holding AB is a digital bank that operates in Sweden and serves primarily private customers. The bank emphasizes its online strategy to drive lower costs for its deposit base based on the law of large numbers. Its cost base is centered on a high percentage of fixed costs, primarily personnel costs. The bank does not charge its customers fixed fees or deposit fees. Income is generated when customers carry out transaction themselves, primarily through brokerage fees from securities trading, net interest income from deposits and lending, fund commissions, foreign exchange income, and other income from suppliers of investment products. Over the long term, income growth depends on the bank's ability to grow savings capital.

Avanza Bank Holding AB (CHIX:AZAS) Headlines

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