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Avangard Bank JSC (MIC:AVAN) Research & Development : ₽0 Mil (TTM As of Dec. 2020)


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What is Avangard Bank JSC Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Avangard Bank JSC's Research & Development for the three months ended in Dec. 2020 was ₽0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2020 was ₽0 Mil.

Avangard Bank JSC Research & Development Historical Data

The historical data trend for Avangard Bank JSC's Research & Development 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 Research & Development Chart

Avangard Bank JSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Research & Development
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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 Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Avangard Bank JSC Research & Development Related Terms

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Avangard Bank JSC (MIC:AVAN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Avangard Bank JSC (MIC:AVAN) » Definitions » Research & Development
Comparable Companies
MIC:USBN MIC:BSPB MIC:ROSB MIC:MOBB MIC:PRMB MIC:RDRB MIC:ALBK MIC:KUZB MIC:CBOM SHSE:600036 NSE:HDFCBANK HKSE:01658 MIC:SBERP USB TFC PNC SHSE:601166 BSP:ITUB3 SHSE:600000 ISX:BBCA
Traded in Other Exchanges
N/A
Address
12 Sadovnicheskaya Street, Building 1, Moscow, RUS, 115035
Website
http://www.avangard.ru
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.