Investor Presentaiton
Credit performance
ECL charge trend, $m
1,464
1,101
442
913
438
2022
3Q22
4022
1Q23
2023
0.17
0.42
0.56
0.17
0.35
151
363
598
62
259
ECL charge / (release) by entity, $m
ECL charge by stage, $bn
ECL
ECL charge as a
% of average
gross loans and
advances22
Mainland China
CRE charge*
2023
1023
Stage 1-2
Stage 3
Total
Asia (HBAP)
389
65
o/w: Hong Kong
450
44
Wholesale
0.1
0.5
0.7#
UK RFB (HBUK)
257
166
HSBC Bank plc (HBEU)
55
19
Personal
0.1
0.1
0.2
USA (HNAH)
33
29
Total
0.2
0.7*
0.9
Canada (HBCA)
10
1
Mexico (HBMX)
136
136
HSBC Middle East (HBME)
7
(7)
Other21
26
29
Total
913
438
* Mainland China CRE charge is on a reported basis and has not been currency adjusted in prior periods
+ Totals do not sum due to rounding. Stage 3 charge includes POCI
Strategy
2023 results
Appendix
$0.9bn charge, including $0.3bn relating to
mainland China CRE and $0.3bn relating to
the UK RFB
Stage 3 balances of $20bn (2.1% of total
loans), stable vs. prior quarter
FY23 ECL guidance unchanged at
~40bps22
15View entire presentation