Investor Presentation Q3 2021
Credit quality
Impaired loans and allowances
6.0
6.2
6.1
9.3
9.5
9.8
6.3
9.9
6.2
10.1
8.1
7.7
7.9
8.1
8.0
126.7
125.1
122.5
119.6
117.3
Q3 20
Q4 20
Q1 21
Q2 21
Q3 21
Impaired Loans (USD Bn) *
Impairment Allowances (USD Bn)
NPL Ratio (%)
Coverage ratio (%)
•
•
Highlights
Income
Expenses
Risk
Capital
Liquidity
Macro
Divisional
Key Highlights
NPL ratio improved by 0.1% to 6.2% in Q3-21 due to recoveries and write-offs
Coverage ratio strengthened 9.4% to 126.7% during 2021
o S1 and S2 coverage broadly stable despite stage migrations in 2021
。 S3 coverage up at 90.7% on improvement in NPLs
106 bps cost of risk at low end of pre-pandemic range from 176 bps in 2020
The Bank has supported 127,813 customers with USD 2.9 billion of deferrals
。 USD 2.2 bn has been repaid, resulting in net support of USD 0.7 bn as at Q3-21
o Repayments demonstrate improving business sentiment
ECL to Loan Coverage** Stagewise ECL (USD bn)
Total Gross Loans
Q3-21 USD 130bn
10.1
1.0%
1.1%
21.1%
9.5
1.1
20.9%
Stage 1
Stage 1
87%
1.3
1.9
1.6
Stage 2
88%
Stage 2
7%
Deferral Support and Repayments (USD bn)
2.9
2.9
2.8
2.5
2.3
2.3
0.5
1.5
1.1
1.9
2.2
Repayments
FY-20
USD 130bn
6%
6%
85.7%
90.7%
Stage 3
6%
6.7
7.1
Stage 3
1.8
1.4
1.3
1.0
Remaining
0.7
Support
Q2 20 Q3 20 Q4 20 Q1 21
Q1 21 Q2 21
Q3 21
FY-20
Q3-21
FY-20
Q3-21
*Includes purchase originated credit impaired loans of USD 0.5bn (Dec-20: USD 0.6bn) acquired at fair value / **Stage 3 coverage adjusted for POCI acquired at FV
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