FY2023 M25+ Progress: Enhancing Digital Banking
+16.6%
1Q'23 vs 4Q'22
Improving AQ; Maintaining MOA of RM1.7 billion
P&L ECL
(RM billion)
Loan ECL, NCC, and LLC
Gross Impaired Loans (GIL)
Mar 2022
Dec 2022
Mar 2023
(18.8)%
1Q'23 vs 1Q'22
%
RM billion
%
RM billion
%
RM billion
Non Performing Loans
(NPL)
1.59%
8.95
1.22%
7.14
1.25%
7.39
0.44
0.31
0.36
Restructured &
0.04%
0.24
0.07%
0.43
0.04%
0.26
Rescheduled (R&R)
1Q FY2022
4Q FY2022
1Q FY2023
Impaired Due to
NCC
(32) bps
LLC
106.4%
(22) bps
131.2%
(25) bps
133.5%
Judgmental/ Obligatory
0.32%
1.77
0.28%
1.63
0.21%
1.25
Triggers (IPL)
Total GIL Ratio
1.95%
10.95
1.57%
9.20
1.50%
8.89
LLC incl.
Regulatory
Reserve
110.9%
146.9%
146.7%
Of which:
Malaysia
1.22%
4.20
1.38%
5.02
1.37%
4.98
Singapore
1.38%
1.88
0.57%
0.82
0.60%
0.87
Key Drivers
Indonesia 5.38%
1.61
4.19%
1.31
4.14%
1.34
•
Loan ECL reduced by 18.8% YoY:
。 As loans impaired during the period reduced and on writebacks
for specific corporate borrowers, resulting in lower net credit
charge off rate of 25 bps
。 Maintained RM1.7 billion management overlay (MOA) on balance
sheet, with 44% allocated for CFS and RSME portfolio although
repayment assistance programmes continue to trend lower
QoQ, loan ECL increased by 16.6% mainly on additional MOA to cater
for potential asset quality deterioration for loan portfolios given
rising macroeconomic headwinds and inflationary pressure in FY23
•
Key Drivers
Group GIL improved to 1.50% due to write-offs, recoveries and low formation of newly
impaired loans
•
R&R balances remained small and manageable
•
Stable trends across most line of businesses in home markets
14View entire presentation