Growth and Diversification of Asset Base
Growing and diverse asset base, liquid inv. portfolio
All values in USD millions
Growing asset base with a strategic allocation across asset classes
Well diversified and growing asset base. With gross credit growing at a
CAGR of 6.7% between 2015 and June 2020 to reach $1.86b.
The facilities composition reflects focus on Corporate/ SME clients, who
together comprise ~70% of portfolio (50% Corporate, 20% SME), with
remaining majority to retail clients and mortgages.
Effective allocation, with return on funds having increased by 0.65%
between 2018 and June 2020, and 0.91% from 2015 levels.
Investment portfolio of $1b, with a majority in liquid gov. securities.
Prudent provisioning & improving NPL ratio
ā
ā
NPL's continue to improve, with a prudent collection policy across.
Central Bank measures as well as internal controls and prudent lending
strategy helped cushion the impact of COVID-19 related lockdowns.
Provision coverage ratio (including collaterals against such loans)
remains well above 100%.
Watchlist remains constantly monitored with a similar provisioning
approach, and collateral coverage requirements.
Asset Breakdown
+32%
3,660
9%
3,084
2,771
15%
9%
Other Assets
8%
14%
Loans Breakdown
8.6%
7.3%
117
105
6.3%
105
NPL Ratio
NPL Balance
2018
2019
June 2020
Cash & Balances
16%
28%
27%
Coverage Ratio, %
Investments
30%
1.57
1.40
1.30
50%
48%
Net Loans
45%
88%
61%
74%
2018
2019
June 2020
2018
2019
June 2020
Coverage
(Incl. Collaterals)
Provision Coverage
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