Page 151 - RFHL ANNUAL REPORT 2025 ONLINE_NEW

• 149

4 Advances (continued)
d Impairment allowance for advances to customers (continued)

Commercial
and
Retail corporate Credit
2025 lending lending Mortgages Overdrafts cards Total

Stage 2: Lifetime ECL
ECL allowance as at October 1, 2024 7 56 43 46 18 170
Translation adjustments – 3 – – – 3
ECL on new instruments
issued during the year 1 34 4 – – 39
Other credit loss movements,
repayments etc. (1) (23) (7) (3) (9) (43)

At September 30, 2025 7 70 40 43 9 169

Stage 3: Credit-impaired
financial assets – Lifetime ECL
ECL allowance as at October 1, 2024 157 396 258 21 151 983
Translation adjustments 3 6 6 5 – 20
Charge-offs and write-offs (60) (124) (9) (6) (20) (219)
Credit loss expense 124 178 38 5 58 403
Recoveries (23) (122) (32) – (22) (199)

At September 30, 2025 201 334 261 25 167 988

Total 313 477 412 121 234 1,557

Of the total ECL of $1,557 million, 36.3 percent was on a collective basis and 63.7 percent was on an individual basis.

Overdrafts and credit cards are revolving facilities, therefore the ECL on new instruments issued during the year are
assumed to be nil.

Commercial
and
Retail corporate Credit
2024 lending lending Mortgages Overdrafts cards Total

Gross loans 8,313 18,462 36,612 3,733 1,989 69,109
Stage 1: 12 Month ECL (103) (82) (112) (41) (44) (382)
Stage 2: Lifetime ECL (7) (56) (43) (46) (18) (170)
Stage 3: Credit-impaired financial
assets – Lifetime ECL (157) (396) (258) (21) (151) (983)

8,046 17,928 36,199 3,625 1,776 67,574