Investor Presentation July 2021
Expected Credit Losses (ECL) 1H 2021
Financial Statements ECL Disclosure (USD mn)
30 June 2021
Stage1
Stage 2
Stage 3
Total
60.3
2%
Loans, advances and Islamic
financing to customers
7%
56,449
5,791
1,603
63,843
Contingent liabilities
Total Gross Loans (USD bn)
■ Stage 1
■Stage 2
■Stage 3
60.0
2%
10%
63.8
3%
9%
91%
88%
12,078
2,554
107
14,740
88%
ECL allowance for credit
facilities
443
525
1,128
2,096
Jun-20
Stage 3
54%
ECL Allowance for Credit Facilities
Stage 1
25%
Stage 1
21%
Stage 3
47%
Stage 2
21%
Dec-20
Jun-21
CBK Credit Provisions vs IFRS 9 ECL (USD mn)
CBK Provision
2,080
Stage 1
21%
337
Stage 2
32%
Stage 3
54%
Stage 2
25%
■ ECL⭑
Excess over ECL
2,504
2,387
408
392
1,995
2,096
1,743
June-20 (USD 1,743 mn)
Dec-20 (USD 1,995 mn)
June-21 (USD 2,096 mn)
Jun-20
Dec-20
Jun-21
* ECLS as per CBK guidelines
National Bank of Kuwait 26View entire presentation