H1FY24 Results - Investor Presentation
Asset Quality
| (Impairments) / Recoveries
Net (Impairments) / Recoveries and GIL Ratio
Total impairments by category (RM' mil)
ECL Stage 1 & 2 / CP - Non defaulted1
ECL Stage 3/CP - Defaulted
Individual Provisions
6
19
Q1FY23 Q2FY23 Q3FY23
(55)
Q4FY23 Q1FY24 Q2FY24
QoQ Change
H1FY23 H1FY24
YoY Change
17
(31)
98
>100%
24
67
>100%
(125)
(155) (167)
(141)
(174)
(150)
(14%)
(279)
(325)
16%
(12)
(20)
(66)
(41)
(52)
(67)
31%
(32)
(119)
>100%
Recoveries
71
83
68
88
69
65
(5%)
154
134
(13%)
Other Provisions2,3
(6)
(15)
71
26
(2)
42
>100% (21)
40
>100%
Total net impairments - Continuing
(66)
(88) (149)
(51)
(190)
(13)
Total net impairments - Reported
(64) (203) (149)
(51)
(190)
(13)
(93%) (154)
(93%)
(204)
(267) (204)
32%
(24%)
Total impairments by divisions (RM' mil)
Q1FY23 Q2FY23 Q3FY23
Q4FY23 Q1FY24
Q2FY24
QoQ Change
H1FY23
H1FY24
YoY Change
Wholesale Banking
Investment Banking
13
43
(8)
(15)
49
74
52%
56
124
>100%
0
(1)
0
(0)
(0)
0
>100%
(1)
0
>100%
Retail Banking
(38)
(121)
(85)
(58)
(127)
(83)
(34%)
(159)
(210)
32%
Business Banking
(11)
(10)
(112)
23
(114)
(4)
(97%) (21)
(117)
>100%
Group Funding & Others³
(30)
1
56
(1)
1
(1)
>100%
(29)
1
>100%
Total net impairment - Continuing
(66)
(88)
(149)
(51)
(190)
(13)
(93%)
(154)
(204)
32%
Total net impairment - Reported
(64) (203)
(149)
(51)
(190)
(13)
(93%)
(267)
(204)
(24%)
GIL Ratio4
Q1FY23 Q2FY23 Q3FY23
Q4FY23 Q1FY24 Q2FY24
QoQ Change
YoY Change
Wholesale Banking
1.72% 1.32%
Retail Banking
Business Banking
Group
Industry
1. Includes overlay and forward-looking provision
2.
Includes trade & sundry debtors and provision for contingencies
3.
Excludes AmGen's net impairment of -RM2.0 (Q1FY23) and RM115.2m (Q2FY23)
4.
FY23 numbers have been restated with current business realignment, mainly between Wholesale Banking (WB) and Business Banking (BB)
1.35%
1.27% 0.50% 0.83% 0.85%
1.71% 1.82% 1.87% 1.85% 1.97% 1.90%
1.20% 1.09%
1.30% 1.59% 1.68%
1.55% 1.52% 1.62% 1.46% 1.66%
1.65%
1.81% 1.82% 1.72% 1.74% 1.76% 1.72%
0.02%
(0.47%)
(0.07%)
0.08%
0.09%
0.59%
(0.01%)
0.13%
(0.04%)
(0.10%)
AmBank Group
H1FY24 Results - Investor Presentation
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