Q1FY23 Results - Investor Presentation
Asset Quality
| Lower net impairment charges YoY
Net Impairment (YoY Movement)
Loan Loss Coverage¹
RM' mil
114.0%
93.4%
139.2%
124.1%
123.3%
203.2
87.2
30.0
6.6
63.9
116.0
33.9
0.2
70.1
14.0
4.5
Q1FY22 Overlay Q1FY22
before
overlay
ECL
Stage 1 &
ECL
Stage 3
Individual
Allowance Recoveries
Others
Q1FY23
before
Overlay Q1FY23
FY19
FY20
FY21
FY22
Q1FY23
2
overlay
Positive P&L impact in FY22
Negative P&L impact in FY22
Gross Impaired Loans and GIL Ratios
1.
Includes regulatory reserve of RM450m (FY19), RM388m (FY20), NIL (FY21), RM103m (FY22) and
RM130m (Q1FY23)
Credit Cost and New Impaired Loans Formation
Retail
Business
RM' mil
1.73%
1.59%
Wholesale
■GIL Ratio
AmBank Group
FY20
FY21
FY22
Q1FY22
Q1FY23
1.57%
Net credit cost² (%)
0.30%
0.81%
0.26%
0.67% 3,4
0.20%4
1.40%
1.55%
Credit cost²
1,853
1,864
0.62%
1.12%
0.46%
0.87% 3,4
0.44%4
1,770
1,676
(excl. recoveries) (%)
1,621
283
279
260
217
266
405
646
New Impaired Loans
(RM'mil)
1,491
990
1,357
415
703
628
517
676
1,180
2.
Includes loan loss allowances only
924
882
893
728
3.
Restatement of Q1FY22 numbers due to reclassified unrated bonds/sukuk from loans to
financial investments in Q4FY22
4.
Annualised
FY19
FY20
FY21
FY22
Q1FY23
AmBank Group
Q1FY23 Results - Investor Presentation
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