UOB Annual Report 2002 - United Overseas Bank

Risk Management
Group NPLs and Cumulative Provisions of the Five Regional Countries
NPLs of the Five Regional Countries decreased further to $1,458 million as at 31 December 2002
from $1,600 million as at 31 December 2001. NPLs as a percentage of gross exposure to the region
dropped to 8.5%, as compared to 8.9% as at 31 December 2001.
Cumulative specific and general provisions for the Five Regional Countries stood at $1,215 million
as at 31 December 2002. The cumulative provisions represented 83.3% of the total NPLs of the
Five Regional Countries and 177.9% of the NPLs of the Five Regional Countries that were classified
as Doubtful and Loss.
General provision was $515 million (31 December 2001: $527 million) against specific provision
of $700 million (31 December 2001: $691 million).
Non-Performing Loans and Cumulative Provisions of the Five Regional Countries
1600
1,600
1,555
1,458
$ million
1200
800
484
929
883
436
730
218
1,218
527
867
155
1,219
516
775
132
1,215
515
400
37
408
447
652
691
533
703
551
700
0
31.12.00 31.12.01 30.6.02 31.12.02
• Loss NPLs • Doubtful NPLs • Substandard NPLs • Specific Provision •
General Provision
Ratios (%) 31.12.02 30.6.02 31.12.01 31.12.00
––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––
NPLs*/Gross customer loans 17.0 18.4 19.2 22.2
Cumulative provisions/NPLs 83.3 78.4 76.1 95.0
Cumulative provisions/Doubtful & Loss NPLs 177.9 177.2 140.0 198.4
Cumulative provisions*/Gross customer loans 14.1 14.4 14.7 21.1
General provision*/Gross customer loans
(net of specific provision*) 6.6 6.7 7.0 11.7
NPLs/Gross exposure to the Five Regional Countries 8.5 8.8 8.9 9.1
* Excluding debt securities.
30