ANZ 2023 Half Year Results
ANZ 2023 Half Year Results
PORTFOLIO REBALANCING SUPPORTS LOWER FUTURE LOSS PROFILE
Exposure at Default² (% portfolio)
Asset class & historical IP1
Sold or exited >30 businesses
Sep 16
Mar 23
•
Growth in "low loss" portfolios while decreasing
Lower
loss rates
Sovereigns,
Mortgages,
Banks
(~5% of historical IP)
Higher
loss rates
60%
65%
exposure to "higher loss" portfolios and segments
•
86% exposure Sovereign, Mortgage, Bank
and Investment Grade Corporates
Reduced exposure to non-investment grade
corporates while increasing collateral cover
Corporate,
Investment grade
17%
21%
Specialised Lending
(~35% of historical IP)
Non-investment grade
16%
11%
Non-investment grade exposure
Sep 16
Mar 23
Personal Loans,
Asset Finance,
Fully
Secured
7%
7%
7%
3%
Credit Cards
Partial /
(~60% of historical IP)
9%
4%
Unsecured
1.
Historical mix Individual Provisions (IP) 2015 to 2021
2.
Excludes Credit Valuation Adjustment and Qualifying Central Counterparties
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