Investor Presentaiton
Credit quality
Impaired loans and allowances
6.1
7.9
9.8
•
6.3
6.2
6.3
6.4
•
9.9
10.1
10.1
10.3
8.1
7.9
7.9
8.0
•
125.1
122.5
126.7
127.5
128.5
Q1 21
Q2 21
Q3 21
Q4 21
Q1 22
Impaired Loans (USD Bn) *
Impairment Allowances (USD Bn)
NPL Ratio (%)
Coverage ratio (%)
Coverage by Stage**
Stagewise ECL (USD bn)
10.1
10.3
Stage 1
1.0%
22.2%
0.9%
1.0
1.0
22.0%
Stage 1
Stage 2
1.9
1.9
Stage 2
Stage 3
91.1%
92.6%
7.2
7.4
Stage 3
FY-21
Q1 22
FY-21
Q1 22
Highlights
Income
Expenses
Risk
Capital
Liquidity
Divisional
Key Highlights
NPL ratio increased marginally by 2 bps to 6.4% in Q1-22
Coverage ratio strengthened 1% to 128.5% in Q1-22
。 S3 coverage up to 92.6% on higher provisions during the quarter
o S1 and S2 coverage broadly stable
116 bps cost of risk back in middle of guidance range and below 2021 level of 124bp
.
USD 0.6 bn out of original USD 2.9 bn of deferral support remains outstanding
*Includes purchase originated credit impaired loans of AED 1.0bn (Dec-21: AED 1bn) acquired at fair value / **Stage 3 coverage adjusted for POCI acquired at FV
Total Gross Loans
Q1-22, USD 126bn
Stage 1
87%
87%
Stage 2
7%
FY-21
7%
USD 125n
6%
Stage 3
6%
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