Investor Presentaiton
1)
2)
Decomposition of payment deferrals
IFRS 9 staging for expired loan payment deferrals
Private individuals: €1.84 bn¹
1.5%
3.0%
20.7%
•
Private Individuals
Net reclassification of c.€18 mn from Stage 2 to Stage 1 mainly
due to improved macro assumptions
1.53
1.51
1.31
Stage 1
Businesses: €3.26 bn¹
1.7%
2.65
2.08
2.00
0.63
0.25 0.23
0.14
0.10 0.10
•
Stage 2
Stage 3
2.4%
40.1%
1.21
1.14
0.95
0.19
Stage 1
Coverage
Dec 2020
Stage 2
Sep 2021
0.13 0.12
Stage 3
Dec 2021
As at 31 Dec 2021; includes current accounts and overdrafts of c. €0.26 bn (€0.02 bn for Private individuals and €0.24 bn for businesses)
Re-performing: pipeline to exit NPEs subject to meet all exit criteria; the analysis is performed on a customer basis (formerly called Non-core NPEs)
Businesses
Net reclassification of c.€46 mn from Stage 2 to Stage 1 in
4Q2021, mainly due to updated financial information
Adequate coverage of Stage 3 expired payment deferrals;
higher than the coverage of re-performing NPES² (slide 23)
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