Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 314

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 314
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 n of gross carrying loans and advances and a corresponding allowance for ECL of $ 10m , due to the retention of certain balances previously

classified as assets held for sale of our retail banking operations in France. For further details, see Note 23 ‘Assets held for sale and liabilities of disposal groups

held for sale’ on page 433 .

| 222 | HSBC Holdings plcAnnual Report on Form 20-F |

Risk review

| Personal lending – credit risk profile by internal PD band for loans and advances to customers at amortised cost |                  |                       |         |         |         |                   |         |         |        |             |
|                                                                                                                  |                  | Gross carrying amount |         |         |         | Allowance for ECL |         |         |        |             |
|                                                                                                                  |      PD range1 2 |               Stage 1 | Stage 2 | Stage 3 |   Total |           Stage 1 | Stage 2 | Stage 3 |  Total | ECLcoverage |
|                                                                                                                  |                % |                    $m |      $m |      $m |      $m |                $m |      $m |      $m |     $m |           % |
| First lien residentialmortgages                                                                                  |                  |               324,703 |  34,177 |   2,450 | 361,330 |               -59 |    -130 |    -284 |   -473 |         0.1 |
| –  Band 1                                                                                                        |   0.000 to 0.250 |               234,451 |   1,820 |       — | 236,271 |               -15 |      -4 |       — |    -19 |           — |
| –  Band 2                                                                                                        |   0.251 to 0.500 |                64,340 |  11,816 |       — |  76,156 |               -10 |      -9 |       — |    -19 |           — |
| –  Band 3                                                                                                        |   0.501 to 1.500 |                22,005 |  14,631 |       — |  36,636 |               -16 |     -25 |       — |    -41 |         0.1 |
| –  Band 4                                                                                                        |   1.501 to 5.000 |                 3,668 |