Al Arafah Islami Bank (DHA:ALARABANK) Credit Losses Provision : BDT0 Mil (As of Sep. 2023)

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What is Al Arafah Islami Bank Credit Losses Provision?

Al Arafah Islami Bank's credit losses provision for the three months ended in Sep. 2023 was BDT0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Sep. 2023 was BDT0 Mil.

Al Arafah Islami Bank Credit Losses Provision Historical Data

The historical data trend for Al Arafah Islami Bank'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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Al Arafah Islami Bank Credit Losses Provision Chart

Al Arafah Islami Bank Annual Data

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Credit Losses Provision

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Al Arafah Islami Bank Quarterly Data
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Al Arafah Islami Bank 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT0 Mil.

Al Arafah Islami Bank (DHA:ALARABANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Al Arafah Islami Bank PLC (DHA:ALARABANK) » Definitions » Credit Losses Provision

Traded in Other Exchanges

N/A

Address

63, Purana Paltan (Daynik Bangla Mor), Al-Arafah Tower (1st & 2nd Floor), Dhaka, BGD, 1000

Website

https://www.aibl.com.bd

Al Arafah Islami Bank PLC is a Bangladesh-based company engaged in providing commercial banking, consumer banking, trade finance, and related custody and clearing services. Its deposit products include current, saving, term, and short notice deposits; and marriage savings investment schemes, among others. The principal activities of the Bank are to provide a comprehensive range of financial services including commercial banking, consumer banking, trade finance and other related custody and clearing services to the customers. Geographically, it operates only in Bangladesh. It serves Agriculture; Construction; Power, Gas, Water and Sanitary Services; Transport and communication; Trade services; Storage; Professional & Miscellaneous services and other sectors.

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