Financial reporting of European banks: benchmark study 2022

IndustriesFinancial services

Financial reporting of European banks study 2022

What are the lessons learnt from the Covid-19 impact on Expected Credit Losses (ECL) of banks in Europe?

We have analysed the 2021 annual reports of 26 banks in 11 European countries to better understand the impact of Covid-19 on their expected credit losses and how it can help banks prepare as they face new challenges as a result of the war in Ukraine. This study is the fourth in its series and follows on our third edition of the report released in September 2021.

A focus on Expected Credit Losses

The study mainly focuses on the ECL-related impacts and covers:

  • ECL charge impact of YE 2021 on the profit or loss and ECL allowances;
  • ECL allowances: changes in coverage ratios and allocation between stages;
  • Post-model adjustments/overlays;
  • Other topics, incl. Non-Performing loans, green finance disclosures, significant increase in credit risk (SICR) criteria analysis, first review of banks’ exposure to the war in Ukraine and more.

Document

Financial reporting of European banks - benchmark study 2022
Download pdf 1.63MB

Contacts

Related content

Covid-19_ disclosed financial performance of European banks_1600_500.jpg

Financial reporting of European banks 2021 study

How is the pandemic affecting the financial performance of European banks? The Covid-19 crisis continues to undermine global financial stability. While its full impact on the banking sector is yet to be determined, the 2020 annual results let us build a picture of the Covid-19 impact on the expected credit losses (ECL) in banks’ financial disclosures.

Read more