TECHNOLOGY @ RBC
Exposure to wholesale sectors most vulnerable to COVID-19 impacts
■ Our most vulnerable wholesale exposure represents $37 billion or 5% of total loans & acceptances outstanding
QoQ decrease mainly reflects repayments of drawdowns that occurred at the onset of COVID-19
■ In Q4/2020, our vulnerable exposure contributed to a majority of PCL on impaired loans and GIL
Total wholesale ACL represents 1.3% of wholesale loans & acceptances outstanding, more than twice the level in Q1/2020
Select Wholesale
Sectors
Loans &
Acceptances
Outstanding
Sector Group Information (Q4/20)
PCL on Impaired
Sector Exposure Most Vulnerable to COVID-19 (Q4/20)
Loans & Acceptances
GIL
Loans
Outstanding
Select Vulnerable Segments
$BN(3)
QoQ
Growth
$MM
bps(1)
$MM
bps
$BN
QoQ
Growth
% of Sector
Group
Commercial Real
$57.6
+3%
$13 (2)
9 bps
$395 (2)
69 bps
$10.5
(1%)
18%
Retail
Estate (CRE)
Consumer
$16.5
(8%)
$18
42 bps
$281
170 bps
$10.4
(8%)
63%
Discretionary
Restaurants; Recreation; Hotels; Retail
(excluding grocery and home goods);
Jewelry; certain Textiles & Apparel
Oil & Gas
$7.6
(11%)
$33
163 bps
$552
727 bps
$7.6
(11%)
100%
All segments
Transportation
$7.6
(6%)
$0
$148
194 bps
$4.2
(12%)
54%
Aircraft; Airlines; Airports; Passenger-
related Marine Transport; Transit-
related Ground Transport
Other Services
$23.1
(1%)
$18
31 bps
$251
109 bps
$3.0
0%
13%
Dental; certain Retail Services; certain
Business Services
Telecommunications
$5.1
(3%)
$0
$6
12 bps
$1.5
+4%
29%
Film & TV Production; Theaters
& Media
Total
$117.4
(1%)
$82
28 bps
$1,633
139 bps
$37.0
(6%)
32%
(1) Q4/20 PCL annualized. (2) Represents data for the Real Estate and Related sector group. (3) Totals may not add due to rounding.
31 RISK REVIEW
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