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Commercial Facilities CoK (KUW:FACIL) Allowance For Loans And Lease Losses : KWD-30.02 Mil (As of Sep. 2024)


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What is Commercial Facilities CoK Allowance For Loans And Lease Losses?

Commercial Facilities CoK's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2024 was KWD-30.02 Mil.

Commercial Facilities CoK's quarterly Allowance For Loans And Lease Losses increased from Mar. 2024 (KWD-31.79 Mil) to Jun. 2024 (KWD-31.75 Mil) and increased from Jun. 2024 (KWD-31.75 Mil) to Sep. 2024 (KWD-30.02 Mil).

Commercial Facilities CoK's annual Allowance For Loans And Lease Losses increased from Dec. 2021 (KWD-36.65 Mil) to Dec. 2022 (KWD-33.66 Mil) and increased from Dec. 2022 (KWD-33.66 Mil) to Dec. 2023 (KWD-31.92 Mil).

Commercial Facilities CoK Allowance For Loans And Lease Losses Historical Data

The historical data trend for Commercial Facilities CoK'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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Commercial Facilities CoK Allowance For Loans And Lease Losses Chart

Commercial Facilities CoK 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 -39.03 -45.95 -36.65 -33.66 -31.92

Commercial Facilities CoK Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -31.97 -31.92 -31.79 -31.75 -30.02

Commercial Facilities CoK 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.

Commercial Facilities CoK Allowance For Loans And Lease Losses Related Terms

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Commercial Facilities CoK Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Commercial Facilities Co SAK (KUW:FACIL) » Definitions » Allowance For Loans And Lease Losses
Comparable Companies
KUW:ALMANAR V MA AXP PYPL COF BOM:500034 DFS SYF BOM:543257 IST:QNBFK BOM:532810 SOFI BOM:532955 NSE:SHRIRAMFIN NSE:CHOLAFIN ALLY BOM:533398 TSE:8593 XPAR:EDEN
Traded in Other Exchanges
N/A
Address
Abdullah Al-Ahmed Street, Sharq, P.O.Box 24284, Safat, Kuwait City, KWT, 13103
Website
http://www.cfc-kw.com
Commercial Facilities Co SAK is a Kuwait-based company engaged in the provision of instalment credit facilities to finance consumer and commercial products. Its services include financing new and used cars, boats, marine equipment, furniture and electrical appliances, basic construction materials, and granting personal cash loans, among others. The company's services fall into four divisions, including Consumer Loans, Cash Loans, Commercial Loans, and Basic Materials Loans. The company also offers its services through online.

Commercial Facilities CoK Headlines

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