Investor Presentation
Credit Quality
Profile / Strategy / Sustainability / Environment / Financials / Appendix
NPL Coverage improved to 127.9% driven by the conservative provisioning
NPL coverage ratio improved by 15.9% to
127.9% as a result of proactive conservative
provisioning during 9M 2023.
The consumer NPL coverage ratio reached
97.6% as of 30 September 2023, improving
by 17.8%.
The commercial NPL coverage ratio reached
142.4%, improving by 15.9%.
Total Allowances (SARbn)
+7%
NPL Coverage Ratio (%)
4.8
4.6
4.7
4.7
120.7%
4.4
117.5%
115.5%
112.0%
Consumer Coverage
3Q-23
127.9%
QoQ
+8%
-3%
+2%
+1%
Stage 3 coverage declined by 6.9% YTD to
3Q-22 4Q-22
1Q-23 2Q-23 3Q-23
3Q 22 4Q 22
1Q 23
2Q 23
3Q 23
47.5%.
Gross Loans & Advances (SARbn)
ECL Allowances (SARbn)
Commercial Coverage
3Q-23
Stage-wise ECL on Gross Loans (%)
+17.8%
YTD
97.6%
+15.9%
YTD
142.4%
+10%
-0.38%
54.3%
53.6%
51.2%
52.2%
267.8
271.9
4.8
4.7
4.7
47.5%
247.1
4.9
13.9
4.8
16.9
4.7
19.1
2.3
2.7
2.5
228.3
246.2
248.0
11.1%
11.1%
11.3%
1.9
1.5
1.6
0.26%
0.23%
0.21%
9.6%
0.22%
9.9%
0.24%
+2%
0.5
0.6
+1%
0.6
QoQ
QoQ
4Q-22
■Stage 1
2Q-23
Stage 2
3Q-23
4Q-22
2Q-23
3Q-23
3Q 22
4Q 22
1Q 23
2Q 23
Stage 3
■Stage 1
■Stage 2
■Stage 3
Stage 1
-Stage 2
3Q 23
Stage 3
Riyad Bank - Investor Presentation - 30/09/23
General Business
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