FY2023 M25+ Progress: Enhancing Digital Banking slide image

FY2023 M25+ Progress: Enhancing Digital Banking

Malaysia's Loans Under Relief Reduces to 0.9% of Outstanding Balances; Continued Reduction in Other Home Markets With Minimal AQ Slippages % of Loans Under Repayment Assistance, Relief and R&R Programmes Against Respective Total Home Market Loans allnas Malaysia لاسد Singapore Indonesia % of Outstanding Loan Balance^ % of Outstanding Loan 31/01/23 30/04/23 31/01/23 30/04/23 Balance^ % of Outstanding Loan Balance^ 31/01/23 30/04/23 Mortgage 6.7% 5.9% Auto Finance 2.0% 1.8% SME 42.9% 39.8% RSME 11.2% 10.1% Other Retail Loans 1.8% 1.0% Business Banking (BB) SME+ 11.1% 10.7% 15.7% 13.8% SME 1.6%1 0.5%1 Business Banking (BB) 12.3% 11.4% Total CFS 1.3% 0.5% Total CFS 5.3% 4.9% Total CFS 7.8% 7.0% Global Banking (GB) 2.2% 1.5% Global Banking (GB) 9.5% 9.3% Total Malaysia* 1.7% 0.9% Total Singapore 3.0% 2.7% Total Indonesia 8.5% 7.9% *Includes URUS and Flood Relief Assistance Programmes • • • SME: 10.2% missed payments (for loans that have commenced payments) • All remaining loans under relief are under ESG² 96% prompt payments CFS • GB: No missed payments for loans still under the RA and relief programmes. However, 4% missed payments for loans that have expired from said programmes (includes non-impaired and impaired loans) Outstanding loans still under relief • • Principal-only deferment option at 12% Other relief packages at 88% • 57% prompt payments Outstanding loans still under relief • Principal-only deferment option at 69% Reduced instalments at 15% GB • Conversion of working capital to term loan instalments and facility extensions at 16% • 100% prompt payments ^ Against o/s total gross loans by each country's respective segments @ 31 Jan 2023 & 30 Apr 2023 2 ESG is the MAS SGD Facility that provides low-cost funding for banks to grant loans under Enterprise Includes Special Relief Facility loans disbursed (RMO.69 billion as at 30 Apr 2023) Singapore's Temporary Bridging Loan Programme and Enterprise Financing Scheme - SME Working Capital Loan 13
View entire presentation