Financial reporting of European banks: benchmark study 2022

What are the lessons learnt from the Covid-19 impact on ECL of banks in Europe?

Discover our interactive report

We have analysed the 2021 annual reports of 26 banks in 11 European countries to better understand the impact of Covid-19 on their expected credit losses and how it can help banks prepare as they face new challenges as a result of the war in Ukraine. This study is the fourth in its series and follows on our third edition of the report released in September 2021.

A focus on Expected Credit Losses

The study mainly focuses on the ECL-related impacts and covers:

  • ECL charge impact of YE 2021 on the profit or loss and ECL allowances;
  • ECL allowances: changes in coverage ratios and allocation between stages;
  • Post-model adjustments/overlays;

Other topics, incl. Non-Performing loans, green finance disclosures, significant increase in credit risk (SICR) criteria analysis, first review of banks’ exposure to Ukraine war and more.

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Financial reporting of European banks
Financial reporting of European banks