Unity Bank (NSA:UBP) Allowance For Loans And Lease Losses : ₦-3,613 Mil (As of Dec. 2022)

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What is Unity Bank Allowance For Loans And Lease Losses?

Unity Bank's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2022 was ₦-3,613 Mil.

Unity Bank's quarterly Allowance For Loans And Lease Losses increased from Dec. 2020 (₦-4,125 Mil) to Dec. 2021 (₦-3,199 Mil) but then declined from Dec. 2021 (₦-3,199 Mil) to Dec. 2022 (₦-3,613 Mil).

Unity Bank's annual Allowance For Loans And Lease Losses increased from Dec. 2020 (₦-4,125 Mil) to Dec. 2021 (₦-3,199 Mil) but then declined from Dec. 2021 (₦-3,199 Mil) to Dec. 2022 (₦-3,613 Mil).

Unity Bank Allowance For Loans And Lease Losses Historical Data

The historical data trend for Unity 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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Unity Bank Allowance For Loans And Lease Losses Chart

Unity Bank Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Allowance For Loans And Lease Losses

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-744.20

-2,896.09

-4,124.69

-3,199.18

-3,612.95

Unity Bank Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial			-744.20	-2,896.09	-4,124.69	-3,199.18	-3,612.95

Unity 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.

Unity Bank Allowance For Loans And Lease Losses Related Terms

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Unity Bank (NSA:UBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Unity Bank PLC (NSA:UBP) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 42, Ahmed Onibudo Street, Victoria Island, Lagos, NGA

Website

http://www.unitybankng.com

Unity Bank PLC provides a range of retail, corporate, treasury and investment banking services in Nigeria. The Bank's offerings include Private banking, Digital Banking, Business banking, custody services, consumer loans & mortgages, structured financing, corporate leasing services among others. It has six Business segments Corporate Banking, Commercial Banking, Personal Banking, Private Banking, SME and Institutional Banking. The Bank operated Two geographical segments in addition to the Head Office which are: North and South Bank, of which it dervies majority revenue from North Bank.