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Oman Arab BankOC (MUS:OAB) Credit Losses Provision : ر.ع0.0 Mil (As of Dec. 2023)


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What is Oman Arab BankOC Credit Losses Provision?

Oman Arab BankOC's credit losses provision for the three months ended in Dec. 2023 was ر.ع0.0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2023 was ر.ع0.0 Mil.

Oman Arab BankOC Credit Losses Provision Historical Data

The historical data trend for Oman Arab BankOC'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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Oman Arab BankOC Credit Losses Provision Chart

Oman Arab BankOC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Credit Losses Provision
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Oman Arab BankOC Quarterly Data
Sep19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Oman Arab BankOC 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 ر.ع0.0 Mil.

* 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.

Oman Arab BankOC (MUS:OAB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oman Arab Bank SAOC (MUS:OAB) » Definitions » Credit Losses Provision
Comparable Companies
MUS:BKNZ MUS:ABOB MUS:BKDB MUS:NBOB MUS:BKSB CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER SGX:D05 NSE:SBIN HKSE:01658 SAU:1180 BSP:ITUB3
Traded in Other Exchanges
N/A
Address
North Al Ghoubra, P.O. Box 2240, Al-Udhayabah, Muscat, OMN, 130
Website
https://www.oman-arabbank.com
Oman Arab Bank SAOC is a provider of banking services in Oman. Its segments are Retail banking; Corporate banking; Treasury; Islamic Banking and Others. The company generates maximum revenue from the Retail banking segment. Its Retail banking Individual personal loan, overdraft, credit card, and funds transfer facilities.

Oman Arab BankOC (MUS:OAB) Headlines

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