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KB Financial Group (KB Financial Group) Allowance For Loans And Lease Losses : $0 Mil (As of Sep. 2023)


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What is KB Financial Group Allowance For Loans And Lease Losses?

KB Financial Group's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2023 was $0 Mil.

KB Financial Group's quarterly Allowance For Loans And Lease Losses declined from Mar. 2023 ($-3,574 Mil) to Jun. 2023 ($-3,710 Mil) but then increased from Jun. 2023 ($-3,710 Mil) to Sep. 2023 ($0 Mil).

KB Financial Group's annual Allowance For Loans And Lease Losses declined from Dec. 2020 ($-3,002 Mil) to Dec. 2021 ($-3,112 Mil) and declined from Dec. 2021 ($-3,112 Mil) to Dec. 2022 ($-3,215 Mil).

KB Financial Group Allowance For Loans And Lease Losses Historical Data

The historical data trend for KB Financial Group'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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KB Financial Group Allowance For Loans And Lease Losses Chart

KB Financial Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,325.04 -2,049.89 -3,001.83 -3,111.83 -3,214.86

KB Financial Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -2,662.70 -3,214.86 -3,573.59 -3,710.11 -

KB Financial Group 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.

KB Financial Group Allowance For Loans And Lease Losses Related Terms

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KB Financial Group (KB Financial Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » KB Financial Group Inc (NYSE:KB) » Definitions » Allowance For Loans And Lease Losses
Comparable Companies
XKRX:055550 XKRX:086790 XKRX:323410 XKRX:024110 XKRX:316140 XKRX:138930 XKRX:175330 XKRX:139130 XKRX:006220 XKRX:007330 NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
105560:Korea KBIA:Germany KB:Argentina
Address
26, Gukjegeumyung-ro 8-gil, Yeongdeungpo-gu, Seoul, KOR, 07331
Website
https://www.kbfg.com
KB Financial is the parent company of KB Kookmin Bank, Korea's largest commercial bank, with a 12.8% share of loans as of 2022. Its predecessor banks were established in the 1960s as government policy banks and privatized in the 1990s. Its credit card subsidiary KB Kookmin Card is the number-three player behind Shinhan Card and Samsung Card. KB has in recent years expanded its nonbank business by buying LIG Insurance and Hyundai Securities, making KB a top-five player in nonlife insurance and in securities, and most recently by buying Prudential Life Insurance Korea. It also has KB Capital, which provides leasing and installment finance.