Financial reporting of European banks: benchmark study 2023
We have analysed the 2022 annual reports of 26 banks in 11 European countries to better understand the impact of “unprecedented events” on their Expected Credit Losses. This study is the sixth in its series and follows on from previous editions of the report since its launch in 2020.
A focus on Expected Credit Losses
The study mainly focuses on the ECL-related impacts and covers:
- Weight of cumulative overlays in AC loans ECL allowance;
- Breakdown of changes in AC loans gross credit exposure and ECL allowance by stage;
- AC loans global coverage ratio;
- Underlying parameters of macro-economic scenarios.