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United Finance CoOG (MUS:UFCI) Allowance For Loans And Lease Losses : ر.ع-9.43 Mil (As of Mar. 2023)


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What is United Finance CoOG Allowance For Loans And Lease Losses?

United Finance CoOG's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2023 was ر.ع-9.43 Mil.

United Finance CoOG's quarterly Allowance For Loans And Lease Losses increased from Sep. 2022 (ر.ع-15.91 Mil) to Dec. 2022 (ر.ع-8.99 Mil) but then declined from Dec. 2022 (ر.ع-8.99 Mil) to Mar. 2023 (ر.ع-9.43 Mil).

United Finance CoOG's annual Allowance For Loans And Lease Losses declined from Dec. 2020 (ر.ع-14.04 Mil) to Dec. 2021 (ر.ع-15.35 Mil) but then increased from Dec. 2021 (ر.ع-15.35 Mil) to Dec. 2022 (ر.ع-8.99 Mil).


United Finance CoOG Allowance For Loans And Lease Losses Historical Data

The historical data trend for United Finance CoOG'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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United Finance CoOG Allowance For Loans And Lease Losses Chart

United Finance CoOG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.17 -14.08 -14.04 -15.35 -8.99

United Finance CoOG Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -15.55 -15.73 -15.91 -8.99 -9.43

United Finance CoOG 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.


United Finance CoOG Allowance For Loans And Lease Losses Related Terms

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United Finance CoOG (MUS:UFCI) Business Description

Traded in Other Exchanges
N/A
Address
Ruwi, P.O Box 3652, Muscat, OMN, 112
United Finance Co SAOG is engaged in providing vehicle and equipment financing. The operating segments of the group are Corporate and Retail. It is also licensed to provide composite loans, bridge loans, hire purchases, debt factoring, and financing of receivables and leasing in the Sultanate of Oman. The company offers a wide range of financing products, corporate deposits, and Bancassurance.

United Finance CoOG (MUS:UFCI) Headlines

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