ForteBank JSC (XKAZ:ASBN) Allowance For Loans And Lease Losses : ₸-90,265 Mil (As of Mar. 2024)

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What is ForteBank JSC Allowance For Loans And Lease Losses?

ForteBank JSC's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was ₸-90,265 Mil.

ForteBank JSC's quarterly Allowance For Loans And Lease Losses increased from Sep. 2023 (₸-97,468 Mil) to Dec. 2023 (₸-90,263 Mil) but then declined from Dec. 2023 (₸-90,263 Mil) to Mar. 2024 (₸-90,265 Mil).

ForteBank JSC's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (₸-38,191 Mil) to Dec. 2022 (₸-65,066 Mil) and declined from Dec. 2022 (₸-65,066 Mil) to Dec. 2023 (₸-90,263 Mil).

ForteBank JSC Allowance For Loans And Lease Losses Historical Data

The historical data trend for ForteBank JSC'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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ForteBank JSC Allowance For Loans And Lease Losses Chart

ForteBank JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-72,286.00

-83,285.00

-38,191.00

-65,066.00

-90,263.00

ForteBank JSC 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															-76,395.00	-87,510.00	-97,468.00	-90,263.00	-90,265.00

ForteBank JSC 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.

ForteBank JSC Allowance For Loans And Lease Losses Related Terms

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ForteBank JSC (XKAZ:ASBN) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Dostyk Street, 8/1, Astana, KAZ, 010017

Website

https://www.forte.bank

ForteBank JSC is a commercial bank based in Kazakhstan. It is a result of the merger of OJSC Semipalatinsk Municipal Joint Stock Bank and OJSC Irtyshbusinessbank. ForteBank's core services involve the provision of banking services to individuals and corporates. Its customers can also avail insurance coverage for deposits, depending upon a number of deposits. The group's primary business is related to commercial banking activities, granting of loans and guarantees, accepting deposits, exchanging foreign currencies, dealing with securities, transferring cash payments, as well as providing other banking services.

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