Loan Loss Provisions rose 2.02% to AED 92.2 bil in United Arab Emirates in first quarter of 2019

Loan Loss Provisions (AED bil)
Banking | United Arab Emirates | June 16, 2019
$2.99
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Loan loss provisions reached 92.2 AED bil in first quarter of 2019 in United Arab Emirates, according to the National Central Bank. This is 2.02 % more than in the previous quarter.

Historically, loan loss provisions in United Arab Emirates reached an all time high of 92.2 AED bil in first quarter of 2019 and an all time low of 34.4 AED bil in first quarter of 2010.

United Arab Emirates has been ranked 2nd within the group of 4 countries we follow in terms of loan loss provisions.

Loan loss provisions (also known as "valuation allowance" and "valuation reserve") are an expense creditors budget as an allowance for bad loans.

Loan Loss Provisions (Local Currency) Unit Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019
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United Arab Emirates AED bil 83.1 79.7 86.2 88.1 88.3
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