Financial Performance and Remediation Update
ECL PROVISIONING BY STAGES
LOANS AND ADVANCES BY STAGE¹
PROVISIONS BY STAGE²
76
PROVISION COVERAGE BY STAGE3
($bn)
($m)
(%)
0.77
784.5
792.6
833.3
6,011
5,745
0.72
5,171
0.62
7.9
8.7
9.5
1,644
1,594
206.5
237.8
248.9
1,539
19.0
16.8
19.5
3,897
569.3
545.3
576.5
3,879
3,376
1.89
0.56
1.63
0.53
1.36
470
272
256
0.44
0.08
0.05
0.04
Sep 20
Mar 21
Sep 21
Sep 20
Mar 21
Sep 21
Sep 20
Mar 21
Sep 21
■Stage 1 (12 month ECL)
■Stage 2 (Lifetime ECL)
■Stage 3 (Lifetime ECL)
•
Status
Type of
provision
Stage 1 (12 month ECL)
Credit risk not increased significantly since
initial recognition; performing
Collective
Stage 2 (Lifetime ECL)
Credit risk increased significantly since
initial recognition but not credit impaired
Collective
Stage 3 (Lifetime ECL)
Credit impaired: default no loss
Credit impaired: default with loss
Collective
Specific
•
Significant increase in credit risk determined by
change in credit risk scores for business exposures
and change in behavioural scoring outcomes for retail
exposures. These rules are not prescribed by
accounting standards
• No automatic migration from stage 1 to stage 2 as a
result of COVID-19 repayment deferrals; migration
assumptions included in forward looking adjustments
Stage 2 includes majority of forward looking
adjustments
(1) Notional staging of loans and advances including contingent liabilities and credit-related commitments, incorporates forward looking stress applied in the ECL model
(2) Excludes collective provision on loans at fair value and derivatives which are not allocated to a stage under the ECL model
(3) Provision coverage: provisions as a percentage of loans and advances including contingent liabilities and credit-related commitments
National
Australia
BankView entire presentation