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Hong Leong Finance (SGX:S41) Allowance For Loans And Lease Losses : S$-20.1 Mil (As of Dec. 2023)


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What is Hong Leong Finance Allowance For Loans And Lease Losses?

Hong Leong Finance's Allowance For Loans And Lease Losses for the quarter that ended in Dec. 2023 was S$-20.1 Mil.

Hong Leong Finance's quarterly Allowance For Loans And Lease Losses increased from Dec. 2022 (S$-24.8 Mil) to Jun. 2023 (S$-22.0 Mil) and increased from Jun. 2023 (S$-22.0 Mil) to Dec. 2023 (S$-20.1 Mil).

Hong Leong Finance's annual Allowance For Loans And Lease Losses increased from Dec. 2021 (S$-27.1 Mil) to Dec. 2022 (S$-24.8 Mil) and increased from Dec. 2022 (S$-24.8 Mil) to Dec. 2023 (S$-20.1 Mil).


Hong Leong Finance Allowance For Loans And Lease Losses Historical Data

The historical data trend for Hong Leong Finance'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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Hong Leong Finance Allowance For Loans And Lease Losses Chart

Hong Leong Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Allowance For Loans And Lease Losses
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -26.77 -27.07 -24.79 -20.10

Hong Leong Finance 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.07 -28.76 -24.79 -22.04 -20.10

Hong Leong Finance 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.


Hong Leong Finance Allowance For Loans And Lease Losses Related Terms

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Hong Leong Finance (SGX:S41) Business Description

Industry
Traded in Other Exchanges
N/A
Address
16 Raffles Quay, No. 01-05, Hong Leong Building, Singapore, SGP, 048581
Hong Leong Finance Ltd offers banking services to business enterprises and retail customers. It specializes in working with small and medium enterprises and offers a variety of credit and loan options for them. For retail customers, Hong Leong offers home and car loans. Net interest income accounts for around 80% of the company's total revenue. Hong Leong generates its remaining revenue through fees and commissions for its advisory and corporate finance services. Hong Leong operates exclusively in Singapore.

Hong Leong Finance (SGX:S41) Headlines

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