Company: HBCYF
Filing Date: 2025-07-30
Form Type: 6-K
Source: 0001089113-25-000052
Chunk: 55

Company: HSBC HOLDINGS PLC
Filing Date: 2025-07-30
Form: 6-K
Chunk 55
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 as our business in South Africa ( $ 0.8b n, 31 December 2024: $ 0.4b n). The corresponding allowance for ECL comprised

$ 11m of loans and advances to customers and banks (31 December 2024: $ 4m ) and $ 0.2m of other financial assets at amortised cost (31 December 2024:

$ 0.3m ).

3 Includes only those financial instruments that are subject to the impairment requirements of IFRS 9. ‘Other assets’ as presented within the summary

consolidated balance sheet on page 23 comprises both financial and non-financial assets, including cash collateral and settlement accounts.

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

5 Debt instruments measured at FVOCI continue to be measured at fair value with the allowance for ECL as a memorandum item. Change in ECL is recognised in

‘Change in expected credit losses and other credit impairment charges’ in the income statement.

| Change in expected credit losses and other credit impairment charges by business segment |          |      |      |      |                 |        |
|                                                                                          | HongKong |   UK |  CIB | IWPB | CorporateCentre |  Total |
| Half-year to                                                                             |       $m |   $m |   $m |   $m |              $m |     $m |
| 30 Jun 2025                                                                              |     -864 | -323 | -299 | -453 |              -2 | -1,941 |
| 31 Dec 2024                                                                              |     -740 | -344 | -682 | -559 |             -23 | -2,348 |
| 30 Jun 2024                                                                              |     -336 |  -58 | -187 | -479 |              -6 | -1,066 |

| HSBC Holdings plc Interim Report 2025 on Form 6-K |
| 45                                                |

| Overview |     | Interim management report |     | Interim condensed consolidatedfinancial statements |     | Additional information |
|          |     | Risk                      |     |                                                    |     |                        |

The following table provides an overview of the Group’s credit risk by stage and industry, and the associated ECL coverage. The financial assets recorded in each stage have the following characteristics: – Stage 1: These financial assets are unimpaired and without a significant increase in credit risk for which a