Investor Presentaiton
Credit quality
Impaired loans and allowances
6.2
6.1
6.3
6.2
6.3
•
9.5
9.8
9.9
10.1
10.1
8.1
7.9
8.1
7.9
7.9
125.1
126.7
122.5
127.5
•
117.3
Q4 20
Q1 21
Q2 21
Q3 21
Q4 21
Impaired Loans (USD Bn) *
Impairment Allowances (USD Bn)
NPL Ratio (%)
Coverage ratio (%)
Highlights
Income
Expenses
Risk
Capital
Liquidity
Macro
Divisional
Key Highlights
•
•
NPL ratio increased by 0.1% to 6.3% in FY-21
Coverage ratio strengthened 10.2% to 127.5% during 2021
o S1 and S2 coverage broadly stable despite stage migrations in 2021
。 S3 coverage up at 91.1% on higher provisions
124 bps cost of risk back within pre-pandemic range down from 163 bps in 2020
The Bank has supported 131,023 customers with USD 2.9 billion of deferrals
o USD 2.2 bn has been repaid, resulting in net support of USD 0.7 bn as at Q4-21
。 TESS zero cost funding repaid in full
o Repayments demonstrate improving business sentiment
ECL to Loan Coverage** Stagewise ECL (USD bn)
Total Gross Loans
Deferral Support and Repayments (USD bn)
FY-21 USD 125bn
2.9 2.9 2.9
2.8
10.1
1.0%
9.5
1.1%
21.1%
1.0
Stage 1
22.2%
1.3
1.9
1.6
Stage 2
Stage 1
87%
2.5
2.3 2.3
88%
0.5
1.5
1.1
1.9
Stage 2
7%
2.2
2.2 Repayments
FY-20
USD 175bn
6%
6%
85.7%
91.1%
Stage 3
6%
6.7
7.2
Stage 3
1.8
1.4
1.3
1.0
0.7 0.7
Remaining
Support
FY-20
FY-21
FY-20
FY-21
*Includes purchase originated credit impaired loans of USD 0.3bn (Dec-20: USD 0.6bn) acquired at fair value / **Stage 3 coverage adjusted for POCI acquired at FV
Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21
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