Investor Presentaiton
Asset Quality
| (Impairments) / Recoveries
Net (Impairments) / Recoveries and GIL Ratio
Total impairments by category (RM' mil)
ECL Stage 1 & 2 / CP - Non defaulted¹
ECL Stage 3/CP - Defaulted
Individual Provisions
Recoveries
Other Provisions2,3
Q1FY23
Q2FY23
Q3FY23
Q4FY23
Q1FY24
QoQ Change
YoY Change
6
19
(55)
17
(31)
>100%
>100%
(125)
(155)
(167)
(141)
(174)
23%
40%
(12)
(20)
(66)
(41)
(52)
26%
>100%
71
83
68
88
69
(22%)
(4%)
(6)
(15)
71
26
(2)
>100%
(64%)
Total net impairments - Continuing
(66)
(88)
(149)
(51)
(190)
>100%
>100%
Total net impairments - Reported
(64)
(203)
(149)
(51)
(190)
>100%
>100%
Total impairments by divisions (RM' mil)
Q1FY23
Q2FY23
Q3FY23
Q4FY23
Q1FY24
QoQ Change
YoY Change
Wholesale Banking
13
43
(15)
49
(>100%)
(>100%)
Investment Banking
0
0
(0)
(0)
>100%
>100%
Retail Banking
(38)
(121)
(85)
(58)
(127)
>100%
>100%
Business Banking
(11)
(10)
(112)
23
(114)
>100%
>100%
Group Funding & Others³
(30)
1
56
(1)
1
(>100%)
(>100%)
Total net impairment - Continuing
(66)
(88)
(149)
(51)
(190)
>100%
>100%
Total net impairment - Reported
(64)
(203)
(149)
(51)
(190)
>100%
>100%
GIL Ratio4
Q1FY23
Q2FY23
Q3FY23
Q4FY23
Q1FY24
QoQ Change
YoY Change
Wholesale Banking
1.72%
1.32%
1.27%
0.50%
0.83%
0.33%
(0.89%)
Retail Banking
1.71%
1.82%
1.87%
1.85%
1.97%
0.12%
0.26%
Business Banking
1.20%
1.09%
1.35%
1.30%
1.59%
0.29%
0.39%
Group
Industry
1.55%
1.52%
1.62%
1.46%
1.66%
0.20%
0.11%
1.81%
1.82%
1.72%
1.74%
1.76%
0.02%
(0.05%)
723
1. Includes overlay and forward-looking provision
2.
Includes trade & sundry debtors and provision for contingencies
3.
Excludes AmGen's net impairment of -RM2.0 (Q1FY23) and RM115.2m (Q2FY23)
4.
FY23 numbers have been restated with current business realignment, mainly between Wholesale Banking (WB) and Business Banking (BB)
AmBank Group
Q1FY24 Results - Investor Presentation
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