Maybank Earnings Summary Q3 & 9M FY2020
Asset Quality (1/2)
Provisioning increased on top-ups for existing impaired accounts and additional overlays from 1H'20
Allowances for losses on loans
Loan loss coverage
106.8%
99.2%
89.1%
90.8%
89.5%
9M FY2020 ECL includes:
-RM580 million additional
provisioning on MEV
adjustments
incl. Regulatory
Reserve
97.6%
-RM1.5 billion in
90.5%
Loan loss coverage
77.3%
81.5%
management overlays
76.7%
ECL (RM million)
3Q FY2019
4Q FY2019
1Q FY2020
2Q FY2020
3Q FY2020
9M FY2019
9M FY2020
Stage 1, net
(84)
(218)
(133)
102
(63)
(547)
(95)
Stage 2, net
58
(235)
550
906
295
(24)
1,750
Stage 3, net
1,070
877
598
761
642
2,758
2,001
Write-offs
13
26
19
12
38
72
68
Recoveries
(111)
(107)
(73)
(41)
(115)
(323)
(230)
Other debts
Total
12
958
(8)
334
1
1
8
18
10
962
1,739
804
1,954
3,505
Of which, represented by:
Group Community Financial Services (GCFS)
Group Global Banking (GGB)
(3)
1,298
1,947
2,201
Group Insurance & Takaful (Etiqa)
10
6
Net Charge Off Rate (YTD annualised)
(50) bps
(89) bps
Note: Loan loss coverage includes ECL for loans at FVOCI as per Note A11(xii) of the Group's Financial Statements
12
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