Company: HBCYF
Filing Date: 2025-10-28
Form Type: 6-K
Source: 0001654954-25-012267
Chunk: 55

Company: HSBC HOLDINGS PLC
Filing Date: 2025-10-28
Form: 6-K
Chunk 55
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 (31 December 2024: $1.1bn) and $2.1bn of other financial assets at amortised cost (31 December 2024: $2.1bn). This included the planned sales of our private banking and custody businesses in Germany ($2.1bn, 31 December 2024: $2.2bn); our business in Uruguay ($1.8bn, 31 December 2024: nil); our business in South Africa ($0.7bn, 31 December 2024: $0.4bn); and our French life insurance business ($0.3bn, 31 December 2024: $0.4bn). The corresponding allowance for ECL comprised $33m of loans and advances to customers and banks (31 December 2024: $4m).

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 15 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                                  |        |      |      |      |           |        |
|                                                              |   Hong 
   Kong |   UK |  CIB | IWPB | Corporate 
    Centre |  Total |
|                                                              |     $m |   $m |   $m |   $m |        $m |     $m |
| Nine months ended 30 Sep 2025                                | -1,168 | -594 | -463 | -657 |       -67 | -2,949 |
| Nine months ended 30 Sep 2024                                |   -720 | -232 | -345 | -728 |       -27 | -2,052 |

| Summary of credit risk (excluding debt instruments measured at 
 FVOCI) by stage distribution and ECL coverage at 30 September  
 2025                                                           |                        |         |         |       |           |                   |         |         |       |         |                |         |         |       |       |
|                                                                | Gross carrying/n