National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Allowance For Loans And Lease Losses : د.إ-2,515 Mil (As of Dec. 2023)

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What is National Bank of Ras Al-Khaimah PSC Allowance For Loans And Lease Losses?

National Bank of Ras Al-Khaimah PSC's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was د.إ-2,515 Mil.

National Bank of Ras Al-Khaimah PSC's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 (د.إ-2,272 Mil) to Sep. 2023 (د.إ-2,444 Mil) and declined from Sep. 2023 (د.إ-2,444 Mil) to Dec. 2023 (د.إ-2,515 Mil).

National Bank of Ras Al-Khaimah PSC's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (د.إ-1,893 Mil) to Dec. 2022 (د.إ-2,073 Mil) and declined from Dec. 2022 (د.إ-2,073 Mil) to Dec. 2023 (د.إ-2,515 Mil).

National Bank of Ras Al-Khaimah PSC Allowance For Loans And Lease Losses Historical Data

The historical data trend for National Bank of Ras Al-Khaimah PSC'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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National Bank of Ras Al-Khaimah PSC Allowance For Loans And Lease Losses Chart

National Bank of Ras Al-Khaimah PSC Annual Data

Trend

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Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-1,711.57

-2,159.44

-1,893.21

-2,073.05

-2,514.89

National Bank of Ras Al-Khaimah PSC 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															-2,073.05	-2,251.84	-2,271.86	-2,444.01	-2,514.89

National Bank of Ras Al-Khaimah PSC 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.

National Bank of Ras Al-Khaimah PSC Allowance For Loans And Lease Losses Related Terms

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National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Ras Al-Khaimah PSC (ADX:RAKBANK) » Definitions » Allowance For Loans And Lease Losses

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Address

Exit No. 129, Sheikh Mohammed Bin Zayed Road, P.O. Box 5300, Al Rifa Area, The National Bank of Ras Al Khaimah Building, Ras Al-Khaimah, ARE

Website

https://rakbank.ae

National Bank of Ras Al-Khaimah PSC is engaged in providing retail and commercial banking services in the UAE. The bank has operating segments namely Personal Banking, Wholesale Banking, Business Banking, Treasury and Insurance. It generates maximum revenue from the Retail banking segment. The company offers current, savings, call, and fixed deposit accounts, debit cards, credit cards, personal loans, and home loans among other services.

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