Guangzhou Rural Commercial Bank Co (HKSE:01551) Allowance For Loans And Lease Losses : HK$-24,511 Mil (As of Dec. 2023)

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What is Guangzhou Rural Commercial Bank Co Allowance For Loans And Lease Losses?

Guangzhou Rural Commercial Bank Co's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was HK$-24,511 Mil.

Guangzhou Rural Commercial Bank Co's quarterly Allowance For Loans And Lease Losses declined from Dec. 2022 (HK$-25,521 Mil) to Jun. 2023 (HK$-27,698 Mil) but then increased from Jun. 2023 (HK$-27,698 Mil) to Dec. 2023 (HK$-24,511 Mil).

Guangzhou Rural Commercial Bank Co's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (HK$-24,623 Mil) to Dec. 2022 (HK$-25,521 Mil) but then increased from Dec. 2022 (HK$-25,521 Mil) to Dec. 2023 (HK$-24,511 Mil).

Guangzhou Rural Commercial Bank Co Allowance For Loans And Lease Losses Historical Data

The historical data trend for Guangzhou Rural Commercial Bank Co'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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Guangzhou Rural Commercial Bank Co Allowance For Loans And Lease Losses Chart

Guangzhou Rural Commercial Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-18,824.13

-18,679.85

-24,622.96

-25,521.45

-24,511.23

Guangzhou Rural Commercial Bank Co Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial													-24,622.96	-24,852.93	-25,521.45	-27,697.79	-24,511.23

Guangzhou Rural Commercial Bank Co 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.

Guangzhou Rural Commercial Bank Co Allowance For Loans And Lease Losses Related Terms

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Guangzhou Rural Commercial Bank Co (HKSE:01551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Guangzhou Rural Commercial Bank Co Ltd (HKSE:01551) » Definitions » Allowance For Loans And Lease Losses

Traded in Other Exchanges

N/A

Address

No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.grcbank.com

Guangzhou Rural Commercial Bank Co Ltd is engaged in providing banking and related financial services. The company's operating segments are Corporate banking, Retail banking, Treasury business, and others. It generates maximum revenue from the Corporate banking segment, which covers financial products and services for corporate customers, including deposits, loans, settlement, clearing, and other trade-related services. The Bank primarily operates in the Guangdong Province.

Guangzhou Rural Commercial Bank Co (HKSE:01551) Headlines

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