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Piraeus Financial Holdings (LTS:0RTY) Allowance For Loans And Lease Losses : €-796 Mil (As of Dec. 2023)


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What is Piraeus Financial Holdings Allowance For Loans And Lease Losses?

Piraeus Financial Holdings's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was €-796 Mil.

Piraeus Financial Holdings's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 (€-1,124 Mil) to Sep. 2023 (€-1,132 Mil) but then increased from Sep. 2023 (€-1,132 Mil) to Dec. 2023 (€-796 Mil).

Piraeus Financial Holdings's annual Allowance For Loans And Lease Losses increased from Dec. 2021 (€-1,864 Mil) to Dec. 2022 (€-1,385 Mil) and increased from Dec. 2022 (€-1,385 Mil) to Dec. 2023 (€-796 Mil).


Piraeus Financial Holdings Allowance For Loans And Lease Losses Historical Data

The historical data trend for Piraeus Financial Holdings'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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Piraeus Financial Holdings Allowance For Loans And Lease Losses Chart

Piraeus Financial Holdings 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 -9,314.00 -8,478.00 -1,864.00 -1,385.00 -796.00

Piraeus Financial Holdings 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 -1,385.00 -1,315.00 -1,124.00 -1,132.00 -796.00

Piraeus Financial Holdings 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.


Piraeus Financial Holdings Allowance For Loans And Lease Losses Related Terms

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Piraeus Financial Holdings (LTS:0RTY) Business Description

Traded in Other Exchanges
Address
4 Amerikis Street, Athens, GRC, 105 64
Piraeus Financial Holdings SA is a universal banking group primarily operating in Greece, but with a presence in southeastern Europe and the eastern Mediterranean. Its banking unit specializes in small to midsize enterprise banking, agricultural banking, consumer and mortgage credit, green banking, investment banking, as well as leasing and factoring. The bank has an extensive distribution network, both traditional and alternative, most notably its e-banking platform Winbank. A majority of the bank's net revenue is net interest income, overwhelmingly derived from loans and advances to customers.

Piraeus Financial Holdings (LTS:0RTY) Headlines

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