First Abu Dhabi Bank PJSC (ADX:FAB) Credit Losses Provision : د.إ0 Mil (As of Dec. 2023)

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What is First Abu Dhabi Bank PJSC Credit Losses Provision?

First Abu Dhabi Bank PJSC's credit losses provision for the three months ended in Dec. 2023 was د.إ0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ0 Mil.

First Abu Dhabi Bank PJSC Credit Losses Provision Historical Data

The historical data trend for First Abu Dhabi Bank PJSC's Credit Losses Provision 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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First Abu Dhabi Bank PJSC Credit Losses Provision Chart

First Abu Dhabi Bank PJSC Annual Data

Trend

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Credit Losses Provision

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First Abu Dhabi Bank PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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First Abu Dhabi Bank PJSC Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ0 Mil.

First Abu Dhabi Bank PJSC (ADX:FAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Abu Dhabi Bank PJSC (ADX:FAB) » Definitions » Credit Losses Provision

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Traded in Other Exchanges

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Address

Khalifa Business Park 1, P.O. Box 6316, FAB Building, Al Qurum District, Abu Dhabi, ARE

Website

https://www.bankfab.com

First Abu Dhabi Bank PJSC or FAB, is a Global bank headquartered in the United Arab Emirates. The company's segment includes Investment Banking; Corporate and commercial Banking Group; Consumer Banking; Global Private Banking and Head Office. It generates maximum revenue from the Investment Banking segment. IB offers banking and financing solutions, including corporate and Islamic finance, capital markets, transaction banking, trade, liquidity and cash management services along with a broad range of risk management solutions across credit, rates, FX and money market products.

First Abu Dhabi Bank PJSC (ADX:FAB) Headlines

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