GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Commercial International Bank - Egypt CIB (OTCPK:CMGGF) » Definitions » Allowance For Loans And Lease Losses

Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Allowance For Loans And Lease Losses : $-1,000 Mil (As of Jun. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Commercial International Bank - Egypt CIB Allowance For Loans And Lease Losses?

Commercial International Bank - Egypt CIB's Allowance For Loans And Lease Losses for the quarter that ended in Jun. 2023 was $-1,000 Mil.

Commercial International Bank - Egypt CIB's quarterly Allowance For Loans And Lease Losses increased from Dec. 2022 ($-1,033 Mil) to Mar. 2023 ($-995 Mil) but then declined from Mar. 2023 ($-995 Mil) to Jun. 2023 ($-1,000 Mil).

Commercial International Bank - Egypt CIB's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-1,165 Mil) to Dec. 2022 ($-1,033 Mil) and increased from Dec. 2022 ($-1,033 Mil) to Dec. 2023 ($-967 Mil).


Commercial International Bank - Egypt CIB Allowance For Loans And Lease Losses Historical Data

The historical data trend for Commercial International Bank - Egypt CIB'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.

* Premium members only.

Commercial International Bank - Egypt CIB Allowance For Loans And Lease Losses Chart

Commercial International Bank - Egypt CIB 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 -739.15 -1,067.84 -1,164.89 -1,032.91 -967.08

Commercial International Bank - Egypt CIB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -1,075.28 -1,032.91 -995.38 -999.91 -967.08

Commercial International Bank - Egypt CIB 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.


Commercial International Bank - Egypt CIB Allowance For Loans And Lease Losses Related Terms

Thank you for viewing the detailed overview of Commercial International Bank - Egypt CIB's Allowance For Loans And Lease Losses provided by GuruFocus.com. Please click on the following links to see related term pages.


Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Business Description

Traded in Other Exchanges
Address
21/23 Charles De Gaulle Street, Nile Tower Building, Giza, EGY
Commercial International Bank - Egypt CIB provides retail, corporate, and investment banking services. It has Retail banking division under that it has the Consumer Banking Division is the core engine to CIB's dynamic service offering, providing a broad range of retail clients in different customer segments, an extensive bundle of products and services tailored to satisfy their needs. The Business Banking segment serves over seventy seven thousand SMEs. The division works with clients across the industry, providing market-leading services and innovative, bespoke solutions for small and medium enterprises as it works to cement CIB's position as a bank of choice for business owners.

Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Headlines

From GuruFocus

Prem Watsa Comments on CIB

By Holly LaFon Holly LaFon 03-11-2019

Prem Watsa Comments on Commercial International Bank

By Sydnee Gatewood Sydnee Gatewood 03-08-2021

Prem Watsa Comments on CIB Bank

By Sydnee Gatewood Sydnee Gatewood 03-10-2020

Prem Watsa's Little-Known Holdings

By Holly LaFon Holly LaFon 03-13-2019