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Avangard Bank JSC (MIC:AVAN) Credit Losses Provision : ₽0 Mil (As of Dec. 2020)


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What is Avangard Bank JSC Credit Losses Provision?

Avangard Bank JSC's credit losses provision for the three months ended in Dec. 2020 was ₽0 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Dec. 2020 was ₽0 Mil.


Avangard Bank JSC Credit Losses Provision Historical Data

The historical data trend for Avangard Bank JSC's Credit Losses Provision 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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Avangard Bank JSC Credit Losses Provision Chart

Avangard Bank JSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Credit Losses Provision
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Avangard Bank JSC Quarterly Data
Jun15 Dec15 Jun16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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Avangard Bank JSC Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Dec. 2020 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.


Avangard Bank JSC (MIC:AVAN) Business Description

Traded in Other Exchanges
N/A
Address
12 Sadovnicheskaya Street, Building 1, Moscow, RUS, 115035
Avangard Bank JSC operates as a regional bank in Russia. It provides commercial banking products and services to its corporate and retail clients in Russia through its branches and affiliates. It is also engaged in lending cash and settlement services rendered to private businesses. The company offers deposits, car loans, bank cards, banknotes, securities transactions, settlement and cash, currency control, and money transfer services, as well as Internet banking and other services.