ABK Financial Overview and Market Position slide image

ABK Financial Overview and Market Position

ASSET QUALITY OVERVIEW Non-Performing Loan Ratio (%) Stage-wise Breakdown of Gross Loans (KD million, %) 4,324 3,633 1.6% 62 235 1.5% 5.4% 52 3,340 328 1.6% 9.8% 56 296 8.1% 1.60 1.50 1.40 1.48 1.45 2020 2021 2022 Q1 2002 Q1 2023 Loan Loss Coverage Ratio and Excess Provisions (%) 339% 357% 366% 368% 365% 186% 220% 224% 232% 220% 2020 2021 Loan Loss Coverage Ratio Excess Provisions1 2022 Q1 2002 Q1 2023 4,027 3,281 93.1% 2,960 90.3% 88.6% 2020 2021 2022 Stage 3 Stage 2 Stage 1 Expected credit losses on credit facilities determined under IFRS 9 according to the CBK guidelines amounted to KD127.1mm, which is KD191.7 lower than the provision of KD318.8mm for credit losses under CBK Instructions Impairment of credit facilities are recognized at higher of ECL on credit facilities under IFRS9 according to CBK guidelines or the provisions required by CBK instructions relating to classification of credit facilities and calculation of provisions 28
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