Investor Presentaiton
Hong Kong loans and advances
Hong Kong loans and advances
Strategy
2023 results
Appendix
8%
10%
$318bn 49%
33%
Corporate
Mortgages
Other retail
Banks
Total gross loans and advances to customers and banks of $318bn (2022: $332bn) by booking location
(wholesale: $181bn; personal: $137bn)
2023 average LTV on new retail mortgage lending was 67% (2022: 59%); average LTV for the overall retail
mortgage portfolio was 54% (2022: 50%)
Gross loans and advances to customers and banks by IFRS 9
stage, $bn
Corporate lending by sector, $bn
2023
2022
Wholesale credit quality
2%
L&A
ECL
allowance
ECL %
L&A
L&A
ECL
allowance
ECL %
L&A
30.7
3%
CRR 1-3
Stage 1
282.0
0.2
0.1%
297.7
0.1
0.0%
49.3
31%
CRR 4-6
$181bn
Stage 2
29.6
0.8
2.5%
29.8
0.7
2.3%
5.2
CRR 7-8
64%
Stage 3*
5.9
2.6 44.0%
4.1
1.4
34.3%
8.4
$156bn
Impaired
POCI
0.2
0.1
52.2%
0.0
0.0
45.0%
Total
317.7
3.6
331.6
2.2
15.9
Personal credit quality
Stage 2 loans as a % of total L&As to customers and banks
23.6
22.8
5%
0%.
Band 1-3
20%
18%
12%
15%
14%
14%
Band 4-6
Wholesale
$137bn
10%
Real estate activities
Wholesale and retail
Transporting and storage
Power/utility supply
Band 7
4%
4%
3%
4%
4%
Personal
trade
NBFI
Other
0%
95%
2022
3022
4Q22
1Q23
2023
Manufacturing
Stage 3 loans includes c. $3.3bn of exposure relating to mainland China CRE
38
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