Company: HBCYF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001089113-25-000040
Chunk: 275

Company: HSBC HOLDINGS PLC
Filing Date: 2025-02-20
Form: 20-F
Chunk 275
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| –  non-bank financialinstitutions                 |                 3,650 |      3,240 |          89 |          321 |               -30 |        -30 |           — |            — |            0.8 |        0.9 |           — |            — |
| Loans and advances to banksat amortised cost      |                 1,436 |      1,424 |           — |           12 |                -3 |         -3 |           — |            — |            0.2 |        0.2 |           — |            — |
| Other financial assetsmeasured at amortised cost  |                12,734 |     12,417 |         171 |          146 |              -132 |       -113 |          -9 |          -10 |            1.0 |        0.9 |         5.3 |          6.8 |

1 The days past due amounts presented above are on a contractual basis.

| HSBC Holdings plcAnnual Report on Form 20-F | 175 |

Stage 2 decomposition The following table presents the stage 2 decomposition of gross carrying amount and allowances for ECL for loans and advances to customers and banks. It also sets out the reasons why an exposure is classified as stage 2 and therefore presented as a significant increase in credit risk at 31 December 2024. The quantitative classification shows gross carrying amount and allowances for ECL for which the applicable reporting date probability of default (‘PD’) measure exceeds defined quantitative thresholds for retail and wholesale exposures, as set out in Note 1.2 ‘Summary of material accounting policies’, on page 381 . The qualitative classification primarily accounts for customer risk rating (‘CRR’) deterioration, watch-and-worry and retail management judgemental adjustments. A summary of our current policies and practices for the significant increase in credit risk is set out in ‘Summary of material accounting policies’ on page 381 .

| Loans and advances to customers and banks1 |               |                      |       |                        |                               |                                           |               |        |
|                                            | At 31 Dec2024 |                      |       |                        |                               |                                           |               |        |
| Loans and advances to customers            |               |                      |       |                        |                               | Loans andadvancesto banks atamortisedcost | Total stage 2 |        |
| Personal                                   |     of which: |                      |       | Corporateandcommercial | Non