SEB Nordic Outlook
33
Robust credit quality over time-credit-impaired loans declining
from Covid-peak
Total ECL allowances by stage
SEK bn
Credit loss level
9.4
%
6.1
7.0 8.3 7.5 7.2 7.0 6.6
3.6 3.5 3.5 3.4 3.7 4.0 4.5 5.3
Baltic crisis
1.7
1.4 1.6 1.8 1.6
0.8 0.8
Г
T
0.9 0.8
1.6 1.4 1.4
0.9 0.9 0.9
1.2
1.3 1.4 1.8 1.7 1.7
1.3
0.8
1.7
1.4 1.2 1.2 1.2 1.2
0.92
T
T
T
Mar Jun Sep
Dec Mar Jun
T
T
Sep Dec Mar Jun Sep Dec Mar Jun Sep
2018 2018 2018 2018 2019 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021
0.30
Stage 1
■Stage 2 ■Stage 3
Credit-impaired loans
0.96%
0.15
Stage 3 loans, gross, SEK bn
0.86%
0.87%
0.11
0.77%
0.71%
0.64%0.65%0.67%
0.68%
0.62%
0.58%
0.56%
0.51%0.50%0.50%
9.1 8.4 8.3 8.2 9.5 10.9 11.2 11.4 12.9 14.9 16.8 14.9 13.6 12.1 11.2
Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep Dec Mar Jun Sep
2018 2018 2018 2018 2019 2019 2019 2019 2020 2020 2020 2020 2021 2021 2021
Stage 3 loans, gross
-Stage 3 loans as % of total loans, gross
2007
2008
2009
2010
0.08 0.09 0.09
0.06 0.07
0.05 0.06
2011
2012
2013
2014
2015
2016
2017
2018
2019
IAS39
IFRS9
2020
0.10
YTD 2021
SEB
0.26
Average
0.01
annual CLL
2007-20
0.16%
Excl Baltics
0.10%View entire presentation