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Bancontander Chile (XSGO:BSANTANDER) Allowance For Loans And Lease Losses : CLP-1,149,991 Mil (As of Dec. 2023)


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What is Bancontander Chile Allowance For Loans And Lease Losses?

Bancontander Chile's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was CLP-1,149,991 Mil.

Bancontander Chile's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 (CLP-445,936 Mil) to Sep. 2023 (CLP-467,763 Mil) and declined from Sep. 2023 (CLP-467,763 Mil) to Dec. 2023 (CLP-1,149,991 Mil).

Bancontander Chile's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (CLP-1,051,434 Mil) to Dec. 2022 (CLP-1,153,267 Mil) but then increased from Dec. 2022 (CLP-1,153,267 Mil) to Dec. 2023 (CLP-1,149,991 Mil).


Bancontander Chile Allowance For Loans And Lease Losses Historical Data

The historical data trend for Bancontander Chile'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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Bancontander Chile Allowance For Loans And Lease Losses Chart

Bancontander Chile 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 -896,095.00 -1,036,793.00 -1,051,434.00 -1,153,267.00 -1,149,991.00

Bancontander Chile 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 -1,153,267.00 - -445,936.00 -467,763.00 -1,149,991.00

Bancontander Chile 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.


Bancontander Chile Allowance For Loans And Lease Losses Related Terms

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Bancontander Chile (XSGO:BSANTANDER) Business Description

Industry
Traded in Other Exchanges
Address
Bandera 140, 20th Floor, Santiago, CHL
Founded in 1978, Banco Santander Chile is part of the Santander group and majority controlled by Santander Spain. Banco Santander is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-sized companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country LATAM Chile.

Bancontander Chile (XSGO:BSANTANDER) Headlines

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