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Oman Arab BankOC (MUS:OAB) Allowance For Loans And Lease Losses : ر.ع-218.3 Mil (As of Dec. 2023)


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What is Oman Arab BankOC Allowance For Loans And Lease Losses?

Oman Arab BankOC's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was ر.ع-218.3 Mil.

Oman Arab BankOC's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 (ر.ع-161.5 Mil) to Sep. 2023 (ر.ع-165.8 Mil) and declined from Sep. 2023 (ر.ع-165.8 Mil) to Dec. 2023 (ر.ع-218.3 Mil).

Oman Arab BankOC's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (ر.ع-141.0 Mil) to Dec. 2022 (ر.ع-179.6 Mil) and declined from Dec. 2022 (ر.ع-179.6 Mil) to Dec. 2023 (ر.ع-218.3 Mil).


Oman Arab BankOC Allowance For Loans And Lease Losses Historical Data

The historical data trend for Oman Arab BankOC'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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Oman Arab BankOC Allowance For Loans And Lease Losses Chart

Oman Arab BankOC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
-102.34 -141.02 -179.64 -218.26

Oman Arab BankOC Quarterly Data
Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -179.64 -187.58 -161.49 -165.79 -218.26

Oman Arab BankOC 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.


Oman Arab BankOC Allowance For Loans And Lease Losses Related Terms

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Oman Arab BankOC (MUS:OAB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
North Al Ghoubra, P.O. Box 2240, Al-Udhayabah, Muscat, OMN, 130
Oman Arab Bank SAOC is a provider of banking services in Oman. Its segments are Retail banking; Corporate banking; Treasury; Islamic Banking and Others. The company generates maximum revenue from the Retail banking segment. Its Retail banking Individual personal loan, overdraft, credit card, and funds transfer facilities.

Oman Arab BankOC (MUS:OAB) Headlines

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