Q3 2022 Financial Performance Review
MKB
BANK
Increased NPL% due to moratoria and methodological changes
Portfolio Quality Performance - Risk
NPL exposures (HUF bn), NPL ratio and NPL coverage (%) 1,2
203.9
225.4
149.9
67.5%
174.1
160.5
56.0%
53.9%
56.6%
49.7%
44
NPL
NPL%
Direct coverage%
The amount of NPL loans increased to HUF
225.4 bn at the end of Q3 2022, which
showed an increase of HUF 51.3 bn (+29.5%
q/q) compared to Q2 2022.
NPL% ratio also increased to 4.5% from the
level of 3.8% in the previous quarter. These
increases were mainly caused by the
and Stage 3
methodological changes
impairments due to moratorium.
HUF 26.8 bn of risk cost was incurred in Q3
2022. Consequently, the total amount of
risk cost for the first three quarters of 2022
was HUF 26.0 bn.
3.5%
4.6%
3.5%
3.8%
4.5%
Q3 2021
Q4 2021
Q1 2022
Q2 2022
Q3 2022
3.2%
2.5%
2.3%
4.7%
3.8%
2.5%
5.0%
3.9%
2.5%
5.3%
7.2%
Retail NPL%
4.0%
4.3%
2.3%
2.1%
Corporate NPL%
Leasing NPL%
Adjusted risk cost (HUF bn) and annualised rate (%)
2.2%
26.77
Adjusted risk cost %
Accounting risk cost %
Adjusted risk cost
5.26
0.8%
1.72
-4.42
0.1%
0.0%
0.1%
-0.2%
0.1%
-2.46
-0.4%
FY 2021
Q3 2021
Q1 2022
Q2 2022
Q3 2022
1 According to IFRS, held for sale and FVTPL portfolio is not included.
2 Please note, the figures have been methodologically revised.View entire presentation