Sohar International Bank (MUS:BKSB) Allowance For Loans And Lease Losses : ر.ع-242.2 Mil (As of Mar. 2024)

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What is Sohar International Bank Allowance For Loans And Lease Losses?

Sohar International Bank's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was ر.ع-242.2 Mil.

Sohar International Bank's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (ر.ع-172.8 Mil) to Dec. 2023 (ر.ع-237.0 Mil) and declined from Dec. 2023 (ر.ع-237.0 Mil) to Mar. 2024 (ر.ع-242.2 Mil).

Sohar International Bank's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (ر.ع-112.1 Mil) to Dec. 2022 (ر.ع-113.5 Mil) and declined from Dec. 2022 (ر.ع-113.5 Mil) to Dec. 2023 (ر.ع-237.0 Mil).

Sohar International Bank Allowance For Loans And Lease Losses Historical Data

The historical data trend for Sohar International Bank'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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Sohar International Bank Allowance For Loans And Lease Losses Chart

Sohar International Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-99.67

-106.44

-112.11

-113.55

-237.03

Sohar International Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-118.36	-127.04	-172.77	-237.03	-242.21

Sohar International Bank 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.

Sohar International Bank Allowance For Loans And Lease Losses Related Terms

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Sohar International Bank (MUS:BKSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sohar International Bank (MUS:BKSB) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hai Al Mina, P.O. Box 44, Muscat, OMN, 114

Website

https://www.soharinternational.com

Sohar International Bank is engaged in commercial, investment, and Islamic banking through a network of commercial and Islamic banking branches within the Sultanate of Oman. The bank has four operating segments; Retail banking Includes loans to and deposits from retail customers, credit card, and fund transfer facilities, Wholesale banking includes loans to and deposits from large and mid-sector corporates, small & medium enterprises and trade finance customers, Investments, and Treasury, The head office includes the balance sheet, income and expense related items, and Islamic banking Includes Islamic financing activities, current accounts, unrestricted investment accounts and other products and services to corporate and individual customers under Shari'a principles.