Banco Bolivariano CA (XGUA:BLD) Research & Development : $0.0 Mil (TTM As of Dec. 2020)

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What is Banco Bolivariano CA Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Banco Bolivariano CA's Research & Development for the six months ended in Dec. 2020 was $0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2020 was $0.0 Mil.

Banco Bolivariano CA Research & Development Historical Data

The historical data trend for Banco Bolivariano CA's Research & Development 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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Banco Bolivariano CA Research & Development Chart

Banco Bolivariano CA Annual Data

Trend

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Research & Development

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Banco Bolivariano CA Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20
Research & Development	Get a 7-Day Free Trial							-	-	-	-	-

Banco Bolivariano CA Research & Development Calculation

This is the expense the company spent on research and development.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Research & Development for the trailing twelve months (TTM) ended in Dec. 2020 was $0.0 Mil.

Banco Bolivariano CA (XGUA:BLD) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Banco Bolivariano CA Research & Development Related Terms

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Banco Bolivariano CA (XGUA:BLD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Bolivariano CA (XGUA:BLD) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Junin int. Panama, Guayas, Guayaquil, ECU

Website

https://www.bolivariano.com

Banco Bolivariano CA is engaged in the provision of banking services. The company provides services such as savings accounts, credit, bank transfers, and insurance among others.