Annual Report 2022 - The Beginning of a Journey of Transformation
ASSET QUALITY OVERVIEW
Non-Performing Loan Ratio (%)
Stage-wise Breakdown of Gross Loans (KD million, %)
4,607
4,321
3,338
50- 316
55
3,632
296
59 235
71
4,128
252
61 273
1.76%
1.57%
1.55%
1.43%
1.34%
4,027
4,273
3,805
3,281
2,972
2020
2021
2022
YTD 2022
YTD 2023
2020
2021
2022
I
YTD 2022
YTD 2023
Loan Loss Coverage Ratio and Excess Provisions (%)
420%
339%
357%
366%
315%
265%
186%
220%
224%
181%
153%
137%
2020
142%
134%
155%
T
2021
2022
YTD 2022
YTD 2023
Loan Loss Coverage Ratio
Excess Provisions1
Stage 3
Stage 2
Stage 1
Expected credit losses on credit facilities determined under IFRS
9 according to the CBK guidelines amounted to KD126Mn,
which is KD216Mn lower than the provision of KD342Mn 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
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