Banco De Bogota (BOG:BOGOTA) Allowance For Loans And Lease Losses : COP-5,610,653 Mil (As of Dec. 2023)

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What is Banco De Bogota Allowance For Loans And Lease Losses?

Banco De Bogota's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was COP-5,610,653 Mil.

Banco De Bogota's quarterly Allowance For Loans And Lease Losses declined from Jun. 2023 (COP-5,410,600 Mil) to Sep. 2023 (COP-5,580,500 Mil) and declined from Sep. 2023 (COP-5,580,500 Mil) to Dec. 2023 (COP-5,610,653 Mil).

Banco De Bogota's annual Allowance For Loans And Lease Losses increased from Dec. 2021 (COP-7,637,147 Mil) to Dec. 2022 (COP-5,293,278 Mil) but then declined from Dec. 2022 (COP-5,293,278 Mil) to Dec. 2023 (COP-5,610,653 Mil).

Banco De Bogota Allowance For Loans And Lease Losses Historical Data

The historical data trend for Banco De Bogota'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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Banco De Bogota Allowance For Loans And Lease Losses Chart

Banco De Bogota Annual Data

Trend

Dec14

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Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-5,141,711.00

-7,344,981.00

-7,637,147.00

-5,293,278.00

-5,610,653.00

Banco De Bogota Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-5,293,278.00	-5,406,500.00	-5,410,600.00	-5,580,500.00	-5,610,653.00

Banco De Bogota 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.

Banco De Bogota Allowance For Loans And Lease Losses Related Terms

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Banco De Bogota (BOG:BOGOTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco De Bogota SA (BOG:BOGOTA) » Definitions » Allowance For Loans And Lease Losses

Traded in Other Exchanges

N/A

Address

36th street No. 7-47, Piso 15, Bogota, COL, 3436

Website

https://www.bancodebogota.com

Banco De Bogota SA is a lending institution that provides financial services at different maturities which include loans, capital leases, commercial, consumer and mortgage lending, and microcredit. It has a portfolio of bonds and equity investments, including a stake in subsidiaries and other firms. It also operates on the currency and derivatives markets. The objectives of the group in terms of managing its capital focus on, complying with the capital requirements defined by the Colombian government for the Bank and its financial subsidiaries in Colombia and by foreign governments in countries where the Bank has financial subsidiaries and maintaining an adequate equity structure that allows the group to generate value for its shareholders.

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