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Kuwait Finance House (KUW:KFH) Allowance For Loans And Lease Losses : KWD-938 Mil (As of Mar. 2024)


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What is Kuwait Finance House Allowance For Loans And Lease Losses?

Kuwait Finance House's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was KWD-938 Mil.

Kuwait Finance House's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (KWD-954 Mil) to Dec. 2023 (KWD-948 Mil) and increased from Dec. 2023 (KWD-948 Mil) to Mar. 2024 (KWD-938 Mil).

Kuwait Finance House's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (KWD-651 Mil) to Dec. 2022 (KWD-926 Mil) and declined from Dec. 2022 (KWD-926 Mil) to Dec. 2023 (KWD-948 Mil).

Kuwait Finance House Allowance For Loans And Lease Losses Historical Data

The historical data trend for Kuwait Finance House'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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Kuwait Finance House Allowance For Loans And Lease Losses Chart

Kuwait Finance House 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 -473.15 -570.98 -651.38 -925.90 -947.70

Kuwait Finance House Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -971.56 -953.44 -954.22 -947.70 -937.51

Kuwait Finance House 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.

Kuwait Finance House Allowance For Loans And Lease Losses Related Terms

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Kuwait Finance House (KUW:KFH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kuwait Finance House (KUW:KFH) » Definitions » Allowance For Loans And Lease Losses
Comparable Companies
KUW:WARBABANK KUW:BURG KUW:ALMUTAHED KUW:ABK KUW:KPROJ KUW:KIB KUW:NBK KUW:GBK KUW:CBK JPM SHSE:601398 BAC SHSE:601288 WFC SHSE:601939 LSE:HSBA SHSE:601988 TSX:RY ASX:CBA TSX:TD
Traded in Other Exchanges
KFH:Bahrain
Address
Abdullah Al Mubarak Street, P.O. Box 24989, Safat, Murqab, Kuwait City, KWT, 13110
Website
https://www.kfh.com
Kuwait Finance House is an Islamic banking institution. It provides a range of banking Sharia-compliant products and services which include real estate, trade finance, investment portfolios, commercial, retail, and corporate banking. The company's segments are Treasury, Investment, Retail & Private Banking, and Corporates Banking. It operates in Kuwait, the Kingdom of Bahrain, the Kingdom of Saudi Arabia, Turkey, Malaysia, and Germany.

Kuwait Finance House (KUW:KFH) Headlines