Company: HBCYF
Filing Date: 2025-10-28
Form Type: 6-K
Source: 0001654954-25-012267
Chunk: 56

Company: HSBC HOLDINGS PLC
Filing Date: 2025-10-28
Form: 6-K
Chunk 56
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 -2 |      -2 |     - |     -13 |              - |     1.0 |   100.0 |     - |     - |
| Other financial assets measured at amortised cost              |                        826,621 |   1,806 |     153 |     - |   828,580 |               -64 |      -5 |     -23 |     - |     -92 |              - |     0.3 |    15.0 |     - |     - |
| Loan and other credit-related commit-ments                     |                        597,231 |  21,175 |     958 |     3 |   619,367 |              -137 |    -121 |     -90 |     - |    -348 |              - |     0.6 |     9.4 |     - |   0.1 |
| Financial guarantees                                           |                         15,353 |   1,397 |     248 |     - |    16,998 |                -8 |      -5 |     -16 |     - |     -29 |            0.1 |     0.4 |     6.5 |     - |   0.2 |
| At Dec 2024                                                    |                      2,365,477 | 117,824 |  23,976 |    93 | 2,507,370 |            -1,296 |  -2,679 |  -6,171 |   -51 | -10,197 |            0.1 |     2.3 |    25.7 |  54.8 |   0.4 |

1 Represents the maximum amount at risk should the contracts be fully drawn upon and clients default.

2 Purchased or originated credit-impaired financial assets ('POCI').

3 The shift of 'gross carrying amount' between stage 1 and 2 arose mainly in Asia from higher average PD for the remaining term at the reporting date, reflecting updates to our PD models and ongoing market challenges. PDs at the reporting date were compared with the PD calculated at origination.

Measurement uncertainty and sensitivity analysis of ECL estimates

The recognition and measurement of ECL involves the use of significant judgement and estimation. We form multiple scenarios based on economic forecasts and distributional estimates and apply these to credit risk models to estimate future credit losses. The results are then probability-weight