ABSA Bank Kenya (NAI:ABSA) Allowance For Loans And Lease Losses : KES0 Mil (As of Mar. 2024)

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What is ABSA Bank Kenya Allowance For Loans And Lease Losses?

ABSA Bank Kenya's Allowance For Loans And Lease Losses for the quarter that ended in Mar. 2024 was KES0 Mil.

ABSA Bank Kenya's quarterly Allowance For Loans And Lease Losses declined from Sep. 2023 (KES0 Mil) to Dec. 2023 (KES-21,899 Mil) but then increased from Dec. 2023 (KES-21,899 Mil) to Mar. 2024 (KES0 Mil).

ABSA Bank Kenya's annual Allowance For Loans And Lease Losses declined from Dec. 2021 (KES-17,515 Mil) to Dec. 2022 (KES-18,549 Mil) and declined from Dec. 2022 (KES-18,549 Mil) to Dec. 2023 (KES-21,899 Mil).

ABSA Bank Kenya Allowance For Loans And Lease Losses Historical Data

The historical data trend for ABSA Bank Kenya'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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ABSA Bank Kenya Allowance For Loans And Lease Losses Chart

ABSA Bank Kenya Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-11,021.00

-16,439.00

-17,515.00

-18,549.00

-21,899.00

ABSA Bank Kenya Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-	-	-	-21,899.00	-

ABSA Bank Kenya 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.

ABSA Bank Kenya Allowance For Loans And Lease Losses Related Terms

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ABSA Bank Kenya (NAI:ABSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ABSA Bank Kenya PLC (NAI:ABSA) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

N/A

Address

Waiyaki Way, P.O. Box 30120, Nairobi, KEN, 00100

Website

https://www.absabank.co.ke

ABSA Bank Kenya PLC is a diversified financial services company offering clients a range of retail, business, corporate and investment, and wealth management solutions. The company's operating segment includes Consumer banking and Corporate banking. It generates maximum revenue from the Consumer Banking segment. The Consumer Banking segment incorporates private customer current accounts, savings, deposits, credit and debit cards, consumer loans, and mortgages. Its Corporate Banking segment includes the business model that centers on delivering specialist investment banking, financing, risk management, and advisory solutions across asset classes to corporates, financial institutions, and government clients.

ABSA Bank Kenya (NAI:ABSA) Headlines

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