CB Central Cooperative Bank AD (XBUL:CCB) Research & Development : лв0.0 Mil (TTM As of Dec. 2022)

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What is CB Central Cooperative Bank AD Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. CB Central Cooperative Bank AD's Research & Development for the three months ended in Dec. 2022 was лв0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2022 was лв0.0 Mil.

CB Central Cooperative Bank AD Research & Development Historical Data

The historical data trend for CB Central Cooperative Bank AD's Research & Development 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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CB Central Cooperative Bank AD Research & Development Chart

CB Central Cooperative Bank AD Annual Data

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Research & Development

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CB Central Cooperative Bank AD Quarterly Data
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CB Central Cooperative Bank AD Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was лв0.0 Mil.

CB Central Cooperative Bank AD (XBUL:CCB) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

CB Central Cooperative Bank AD Research & Development Related Terms

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CB Central Cooperative Bank AD (XBUL:CCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » CB Central Cooperative Bank AD (XBUL:CCB) » Definitions » Research & Development

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Address

87 Tsarigradsko Shose Boulevard, Sofia, BGR, 1086

Website

https://www.ccbank.bg

CB Central Cooperative Bank AD is a universal commercial bank. Together with the remaining companies, the Bank comprises several products and services in the field of financial intermediation, with an emphasis on SME lending and retail banking. As a universal commercial bank, the company offers an array of financial products and services. The bank is a primary dealer of government securities on the Bulgarian domestic market.