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ForteBank JSC (XKAZ:ASBN) Research & Development : ₸0 Mil (TTM As of Mar. 2024)


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What is ForteBank JSC Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. ForteBank JSC's Research & Development for the three months ended in Mar. 2024 was ₸0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was ₸0 Mil.

ForteBank JSC Research & Development Historical Data

The historical data trend for ForteBank JSC'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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ForteBank JSC Research & Development Chart

ForteBank JSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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ForteBank JSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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ForteBank JSC Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₸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.

ForteBank JSC  (XKAZ:ASBN) 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.

ForteBank JSC Research & Development Related Terms

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ForteBank JSC (XKAZ:ASBN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ForteBank JSC (XKAZ:ASBN) » Definitions » Research & Development
Comparable Companies
XKAZ:CCBN NSE:HDFCBANK SHSE:600036 SAU:1120 NSE:ICICIBANK XPAR:BNP ISX:BBCA NSE:SBIN USB MIC:SBER SGX:D05 BSP:ITUB3 PNC SAU:1180 HKSE:01658 ISX:BBRI MIL:ISP TFC SHSE:601166 MIL:UCG
Traded in Other Exchanges
N/A
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.

ForteBank JSC (XKAZ:ASBN) Headlines

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