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Siemens AG (Siemens AG) Allowance For Loans And Lease Losses


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What is Siemens AG Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Siemens AG (Siemens AG) Business Description

Industry
Address
Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333
Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.