United Overseas Bank (SGX:U11) Allowance For Loans And Lease Losses : S$-4,145 Mil (As of Dec. 2023)

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What is United Overseas Bank Allowance For Loans And Lease Losses?

United Overseas Bank's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was S$-4,145 Mil.

United Overseas Bank's quarterly Allowance For Loans And Lease Losses declined from Dec. 2022 (S$-4,308 Mil) to Jun. 2023 (S$-4,329 Mil) but then increased from Jun. 2023 (S$-4,329 Mil) to Dec. 2023 (S$-4,145 Mil).

United Overseas Bank's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (S$-4,087 Mil) to Dec. 2022 (S$-4,308 Mil) but then increased from Dec. 2022 (S$-4,308 Mil) to Dec. 2023 (S$-4,145 Mil).

United Overseas Bank Allowance For Loans And Lease Losses Historical Data

The historical data trend for United Overseas Bank's Allowance For Loans And Lease Losses 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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United Overseas Bank Allowance For Loans And Lease Losses Chart

United Overseas Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-4,186.00

-4,087.00

-4,308.00

-4,145.00

United Overseas Bank Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-4,087.00	-4,148.00	-4,308.00	-4,329.00	-4,145.00

United Overseas Bank Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

United Overseas Bank Allowance For Loans And Lease Losses Related Terms

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United Overseas Bank (SGX:U11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » United Overseas Bank Ltd (SGX:U11) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

UOVEY:USA UOVEF:USA UOB:Germany

Address

80 Raffles Place, UOB Plaza, Singapore, SGP, 048624

Website

https://www.uobgroup.com

United Overseas Bank is a diversified financial institution based in Singapore. Its regional reach spans Greater China and Southeast Asia. Key countries include Malaysia, Thailand, and Indonesia. Singapore, its core market, makes up around 50% of its total assets. The group offers a wide range of services, including consumer, commercial and corporate, and investment banking; corporate finance; treasury services; and wealth management, insurance, and brokerage services.

United Overseas Bank (SGX:U11) Headlines

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