XML 383 R240.htm IDEA: XBRL DOCUMENT v3.20.4
Report Of The Directors Financial Review Risk Report - Reconciliation of changes in gross carrying/nominal amount and allowances for loans and advances to banks and customers including loan commitments and financial guarantees (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance $ 2,621,427  
Financial assets, ending balance 2,880,751 $ 2,621,427
Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 85,735  
Financial assets, ending balance 88,639 85,735
Debt securities    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 85,735  
Financial assets, ending balance 88,639 85,735
Debt securities | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 75,259  
Financial assets, ending balance 76,882 75,259
IFRS 9 | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 351,725  
Financial assets, ending balance 391,762 351,725
IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 615,061  
Financial assets, ending balance 772,233 615,061
IFRS 9 | – reverse repurchase agreements – non-trading | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 240,862  
Financial assets, ending balance 230,628 240,862
IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 351,725  
Financial assets, ending balance 391,762 351,725
12-month expected credit losses | Non-credit impaired | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 613,162  
Financial assets, ending balance 768,136 613,162
12-month expected credit losses | Non-credit impaired | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 350,876  
Financial assets, ending balance 390,105 350,876
Lifetime expected credit losses | Non-credit impaired | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 1,789  
Financial assets, ending balance 3,931 1,789
Lifetime expected credit losses | Non-credit impaired | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 848  
Financial assets, ending balance 1,384 848
Lifetime expected credit losses | Credit impaired | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 109  
Financial assets, ending balance 135 109
Lifetime expected credit losses | Credit impaired | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 0  
Financial assets, ending balance 234 0
Lifetime expected credit losses | POCI | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 1  
Financial assets, ending balance 31 1
Lifetime expected credit losses | POCI | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 1  
Financial assets, ending balance 39 1
Gross carrying/nominal amount | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 2,350,116  
Financial assets, ending balance 2,584,710 2,350,116
Gross carrying/nominal amount | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 1,681,844 1,612,646
New financial assets originated or purchased 437,861 504,199
Assets derecognised (including final repayments) (354,209) (375,608)
Changes to risk parameters – further lending/repayment (54,702) (74,369)
Assets written off (2,976) (2,797)
Credit-related modifications that resulted in derecognition (23) (268)
Foreign exchange 42,568 18,200
Others 223 (159)
Financial assets, ending balance 1,750,586 1,681,844
Gross carrying/nominal amount | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 615,179  
Financial assets, ending balance 772,408 615,179
Gross carrying/nominal amount | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 355,664  
Financial assets, ending balance 399,717 355,664
Gross carrying/nominal amount | IFRS 9    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 1,729,873  
Financial assets, ending balance 1,906,543 1,729,873
Gross carrying/nominal amount | IFRS 9 | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 351,891  
Financial assets, ending balance 391,903 351,891
Gross carrying/nominal amount | IFRS 9 | Financial instruments including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 2,350,116  
Financial assets, ending balance 2,584,710 2,350,116
Gross carrying/nominal amount | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 615,179  
Financial assets, ending balance 772,408 615,179
Gross carrying/nominal amount | IFRS 9 | – reverse repurchase agreements – non-trading    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 53,093  
Financial assets, ending balance 61,716 53,093
Gross carrying/nominal amount | IFRS 9 | – reverse repurchase agreements – non-trading | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 240,862  
Financial assets, ending balance 230,628 240,862
Gross carrying/nominal amount | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 351,891  
Financial assets, ending balance 391,903 351,891
Gross carrying/nominal amount | 12-month expected credit losses | Non-credit impaired | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 2,227,867  
Financial assets, ending balance 2,336,365 2,227,867
Gross carrying/nominal amount | 12-month expected credit losses | Non-credit impaired | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 1,561,613 1,502,976
Transfers of financial instruments: (129,236) (36,244)
– transfers from stage 1 to stage 2 (298,725) (108,434)
– transfers from stage 2 to stage 1 172,894 73,086
– transfers to stage 3 (3,942) (1,284)
– transfers from stage 3 537 388
New financial assets originated or purchased 437,836 504,064
Assets derecognised (including final repayments) (313,347) (352,961)
Changes to risk parameters – further lending/repayment (83,147) (72,239)
Foreign exchange 32,808 16,838
Others (76) (821)
Financial assets, ending balance 1,506,451 1,561,613
Gross carrying/nominal amount | 12-month expected credit losses | Non-credit impaired | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 613,200  
Financial assets, ending balance 768,216 613,200
Gross carrying/nominal amount | 12-month expected credit losses | Non-credit impaired | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 613,200  
Financial assets, ending balance 768,216 613,200
Gross carrying/nominal amount | 12-month expected credit losses | Non-credit impaired | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 350,915  
Financial assets, ending balance 390,193 350,915
Gross carrying/nominal amount | Lifetime expected credit losses | Non-credit impaired | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 107,417  
Financial assets, ending balance 227,405 107,417
Gross carrying/nominal amount | Lifetime expected credit losses | Non-credit impaired | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 105,551 95,104
Transfers of financial instruments: 116,783 31,063
– transfers from stage 1 to stage 2 298,725 108,434
– transfers from stage 2 to stage 1 (172,894) (73,086)
– transfers to stage 3 (10,320) (5,022)
– transfers from stage 3 1,272 737
Assets derecognised (including final repayments) (37,409) (19,909)
Changes to risk parameters – further lending/repayment 29,092 (2,560)
Foreign exchange 9,123 1,201
Others 292 652
Financial assets, ending balance 223,432 105,551
Gross carrying/nominal amount | Lifetime expected credit losses | Non-credit impaired | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 1,827  
Financial assets, ending balance 3,975 1,827
Gross carrying/nominal amount | Lifetime expected credit losses | Non-credit impaired | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 1,827  
Financial assets, ending balance 3,975 1,827
Gross carrying/nominal amount | Lifetime expected credit losses | Non-credit impaired | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 975  
Financial assets, ending balance 1,404 975
Gross carrying/nominal amount | Lifetime expected credit losses | Credit impaired | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 14,486  
Financial assets, ending balance 20,621 14,486
Gross carrying/nominal amount | Lifetime expected credit losses | Credit impaired | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 14,335 14,232
Transfers of financial instruments: 12,453 5,181
– transfers to stage 3 14,262 6,306
– transfers from stage 3 (1,809) (1,125)
Assets derecognised (including final repayments) (3,430) (2,712)
Changes to risk parameters – further lending/repayment (597) 402
Assets written off (2,946) (2,657)
Credit-related modifications that resulted in derecognition (23) (268)
Foreign exchange 633 160
Others (1) (3)
Financial assets, ending balance 20,424 14,335
Gross carrying/nominal amount | Lifetime expected credit losses | Credit impaired | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 151  
Financial assets, ending balance 177 151
Gross carrying/nominal amount | Lifetime expected credit losses | Credit impaired | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 151  
Financial assets, ending balance 177 151
Gross carrying/nominal amount | Lifetime expected credit losses | Credit impaired | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 0  
Financial assets, ending balance 257 0
Gross carrying/nominal amount | Lifetime expected credit losses | POCI | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 346  
Financial assets, ending balance 319 346
Gross carrying/nominal amount | Lifetime expected credit losses | POCI | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 345 334
New financial assets originated or purchased 25 135
Assets derecognised (including final repayments) (23) (26)
Changes to risk parameters – further lending/repayment (50) 28
Assets written off (30) (140)
Foreign exchange 4 1
Others 8 13
Financial assets, ending balance 279 345
Gross carrying/nominal amount | Lifetime expected credit losses | POCI | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 1  
Financial assets, ending balance 40 1
Gross carrying/nominal amount | Lifetime expected credit losses | POCI | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 1  
Financial assets, ending balance 40 1
Gross carrying/nominal amount | Lifetime expected credit losses | POCI | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 1  
Financial assets, ending balance 49 1
Allowance for ECL | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (9,243)  
Financial assets, ending balance (15,566) (9,243)
Allowance for ECL | Financial instruments including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (9,409)  
Financial assets, ending balance (15,707) (9,409)
Total ECL income statement change for the period (8,817) (2,756)
Allowance for ECL | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (9,125) (9,056)
Net remeasurement of ECL arising from transfer of stage (1,001) (121)
New financial assets originated or purchased (654) (555)
Assets derecognised (including final repayments) 1,111 1,329
Changes to risk parameters – further lending/repayment 488 364
Changes to risk parameters – credit quality (9,199) (3,961)
Changes to models used for ECL calculation 433 12
Assets written off 2,974 2,797
Credit-related modifications that resulted in derecognition 7 125
Foreign exchange (436) (79)
Others 11 20
Financial assets, ending balance (15,391) (9,125)
ECL income statement change for the period (8,822) (2,932)
Recoveries 326 361
Others (84) (20)
Total ECL income statement change for the period (8,580) (2,591)
Allowance for ECL | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (118)  
Financial assets, ending balance (175) (118)
Allowance for ECL | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (166)  
Financial assets, ending balance (141) (166)
Total ECL income statement change for the period (48) (105)
Allowance for ECL | IFRS 9    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (8,866)  
Financial assets, ending balance (14,707) (8,866)
Allowance for ECL | IFRS 9 | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (166)  
Financial assets, ending balance (141) (166)
Allowance for ECL | IFRS 9 | Financial instruments including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (9,243)  
Financial assets, ending balance (15,566) (9,243)
Total ECL income statement change for the period (8,769) (2,651)
Allowance for ECL | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (118)  
Financial assets, ending balance (175) (118)
Total ECL income statement change for the period (95) (26)
Allowance for ECL | IFRS 9 | – reverse repurchase agreements – non-trading | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 0  
Financial assets, ending balance 0 0
Allowance for ECL | IFRS 9 | Performance and other guarantees    
Increase (decrease) in financial assets [abstract]    
Total ECL income statement change for the period (94) (34)
Allowance for ECL | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (166)  
Financial assets, ending balance (141) (166)
Allowance for ECL | 12-month expected credit losses | Non-credit impaired | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (1,502)  
Financial assets, ending balance (2,414) (1,502)
Allowance for ECL | 12-month expected credit losses | Non-credit impaired | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (1,464) (1,449)
Transfers of financial instruments: (1,122) (543)
– transfers from stage 1 to stage 2 947 487
– transfers from stage 2 to stage 1 (2,073) (1,044)
– transfers to stage 3 30 59
– transfers from stage 3 (26) (45)
Net remeasurement of ECL arising from transfer of stage 907 669
New financial assets originated or purchased (653) (534)
Assets derecognised (including final repayments) 160 112
Changes to risk parameters – further lending/repayment 157 291
Changes to risk parameters – credit quality (408) 2
Changes to models used for ECL calculation 134 (6)
Foreign exchange (47) (9)
Others 5 3
Financial assets, ending balance (2,331) (1,464)
ECL income statement change for the period 297 534
Allowance for ECL | 12-month expected credit losses | Non-credit impaired | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (38)  
Financial assets, ending balance (80) (38)
Allowance for ECL | 12-month expected credit losses | Non-credit impaired | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (38)  
Financial assets, ending balance (80) (38)
Allowance for ECL | 12-month expected credit losses | Non-credit impaired | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (39)  
Financial assets, ending balance (88) (39)
Allowance for ECL | Lifetime expected credit losses | Non-credit impaired | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (2,479)  
Financial assets, ending balance (5,445) (2,479)
Allowance for ECL | Lifetime expected credit losses | Non-credit impaired | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (2,441) (2,278)
Transfers of financial instruments: 1,951 1,134
– transfers from stage 1 to stage 2 (947) (487)
– transfers from stage 2 to stage 1 2,073 1,044
– transfers to stage 3 986 665
– transfers from stage 3 (161) (88)
Net remeasurement of ECL arising from transfer of stage (1,158) (676)
Assets derecognised (including final repayments) 464 553
Changes to risk parameters – further lending/repayment 85 67
Changes to risk parameters – credit quality (4,374) (1,208)
Changes to models used for ECL calculation 294 4
Foreign exchange (223) (40)
Others (1) 3
Financial assets, ending balance (5,403) (2,441)
ECL income statement change for the period (4,689) (1,260)
Allowance for ECL | Lifetime expected credit losses | Non-credit impaired | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (38)  
Financial assets, ending balance (44) (38)
Allowance for ECL | Lifetime expected credit losses | Non-credit impaired | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (38)  
Financial assets, ending balance (44) (38)
Allowance for ECL | Lifetime expected credit losses | Non-credit impaired | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (127)  
Financial assets, ending balance (20) (127)
Allowance for ECL | Lifetime expected credit losses | Credit impaired | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (5,163)  
Financial assets, ending balance (7,585) (5,163)
Allowance for ECL | Lifetime expected credit losses | Credit impaired | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (5,121) (5,135)
Transfers of financial instruments: (829) (591)
– transfers to stage 3 (1,016) (724)
– transfers from stage 3 187 133
Net remeasurement of ECL arising from transfer of stage (750) (114)
Assets derecognised (including final repayments) 485 656
Changes to risk parameters – further lending/repayment 248 (6)
Changes to risk parameters – credit quality (4,378) (2,704)
Changes to models used for ECL calculation 5 14
Assets written off 2,944 2,657
Credit-related modifications that resulted in derecognition 7 125
Foreign exchange (163) (31)
Others 8 8
Financial assets, ending balance (7,544) (5,121)
ECL income statement change for the period (4,390) (2,154)
Allowance for ECL | Lifetime expected credit losses | Credit impaired | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (42)  
Financial assets, ending balance (42) (42)
Allowance for ECL | Lifetime expected credit losses | Credit impaired | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (42)  
Financial assets, ending balance (42) (42)
Allowance for ECL | Lifetime expected credit losses | Credit impaired | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 0  
Financial assets, ending balance (23) 0
Allowance for ECL | Lifetime expected credit losses | POCI | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (99)  
Financial assets, ending balance (122) (99)
Allowance for ECL | Lifetime expected credit losses | POCI | Loans and advances to banks and customers, including loan commitments and financial guarantees    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance (99) (194)
New financial assets originated or purchased (1) (21)
Assets derecognised (including final repayments) 2 8
Changes to risk parameters – further lending/repayment (2) 12
Changes to risk parameters – credit quality (39) (51)
Assets written off 30 140
Foreign exchange (3) 1
Others (1) 6
Financial assets, ending balance (113) (99)
ECL income statement change for the period (40) (52)
Allowance for ECL | Lifetime expected credit losses | POCI | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 0  
Financial assets, ending balance (9) 0
Allowance for ECL | Lifetime expected credit losses | POCI | IFRS 9 | Other | Financial assets at amortised cost, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 0  
Financial assets, ending balance (9) 0
Allowance for ECL | Lifetime expected credit losses | POCI | IFRS 9 | Debt securities | Financial assets measured at fair value through other comprehensive income, category    
Increase (decrease) in financial assets [abstract]    
Financial assets, beginning balance 0  
Financial assets, ending balance $ (10) $ 0