Disclosure Requirements Description
1. Information about the Significance of Financial Instruments for Financial Position and Performance
1.1 Statement of Financial Position
1.1.1 Disclosures on categories of financial assets and financial liabilities. Notes to the financial statements: Note 24 – Classification of financial assets and financial liabilities
1.1.2 Other Disclosures
i. Special disclosures about financial assets and financial liabilities designated to be measured at fair value through profit or loss, including disclosures about credit risk and market risk, changes in fair values attributable to these risks and the methods of measurement. Not designated Principal accounting policies: Note 5.3.9 – Designation at fair value through profit or loss
Notes to the financial statements: Note 08 – Financial risk review
ii. Reclassifications of financial instruments from one category to another. Principal accounting policies: Note 5.3.3 – Reclassification of financial assets
iii. Information about financial assets pledged as collateral and about financial or non–financial assets held as collateral. Notes to the financial statements: Note 43.1 – Assets pledged as security
iv. Reconciliation of the allowance account for credit losses by class of financial assets. Note the financial statements: Note 31.5 – Movement in impairment during the year
v. Information about compound financial instruments with multiple embedded derivatives. The Bank does not have compound financial instruments with multiple embedded derivatives
vi. Breaches of terms of loan agreements. None
1.2 Statement of Comprehensive Income
1.2.1 Disclosures on items of income, expense, gains and losses. Notes to the financial statements: Notes 10 to 22
1.2.2 Other Disclosures
i. Total interest income and total interest expense for those financial instruments that are not measured at fair value through profit and loss. Notes to the financial statements: Note 11 – Net interest income
ii. Fee income and expense. Notes to the financial statements: Note 12 – Net fee and commission income
iii. Amount of impairment losses by class of financial assets. Notes to the financial statements: Note 16 – Impairment for loans and other losses
iv. Interest income on impaired financial assets. Notes to the financial statements: Note 11 – Net interest income
1.3 Other Disclosures Principal accounting policies:
1.3.1 Accounting policies for financial instruments. Note 5.3 – Financial assets and Financial liabilities
1.3.2 Financial liabilities designated as at FVTPL Notes to the financial statements: Note 29 – Financial Assets Measured at Fair Value Through Profit or Loss
1.3.3 Investments in equity instruments designated as at FVOCI Notes to the financial statements:
i. Details of equity instruments that have been designated as at FVOCI and the reasons for the designation; Note 32 – Financial Assets Measured at Fair Value Through Other Comprehensive Income
ii. Fair value of each investment at the reporting date; Notes 32.1 – Quoted Ordinary Shares and Notes 32.2 – Unquoted Ordinary Shares
iii. Dividends recognised during the period, separately for investments derecognised during the reporting period and those held at the reporting date; Note 15 – Net Other Operating Income
iv. Any transfers of the cumulative gain or loss within equity during the period and the reasons for those transfers Statement of Profit or Loss and Other Comprehensive Income and Statement of Changes in Equity
v. If investments in equity instruments measured at FVOCI are derecognised during the reporting period, Statement of Profit or Loss and Other Comprehensive Income and Statement of Changes in Equity
– reasons for disposing of the investments;
– fair value of the investments at the date of derecognition; and
– the cumulative gain or loss on disposal.
1.3.4 Reclassifications of financial assets There were no reclassifications during the year under review
1.3.5 Information on hedge accounting. Notes to the financial statements: Note 28 – Derivative financial assets/liabilities
1.3.6 Information about the fair values of each class of financial asset and financial liability, along with:
i. Comparable carrying amounts. Notes the financial statements: Notes 9.1 to 9.4.9 – Fair values of financial instruments
ii. Description of how fair value was determined. Notes to the financial statements: Note 9 – Fair values of financial instruments
iii. The level of inputs used in determining fair value. Notes to the financial statements: Notes 9.1 – Valuation models
iv. a. Reconciliations of movements between levels of fair value measurement hierarchy. b. Additional disclosures for financial instruments that fair value is determined using level 3 inputs. There were no movements between level of fair value hierarchy during the year under review
v. Information if fair value cannot be reliably measured. Notes to the financial statements: Notes 9.4.1 to 9.4.9
2. Information about the Nature and Extent of Risks Arising from Financial Instruments
2.1 Qualitative Disclosures
2.1.1 Risk exposures for each type of financial instrument. Notes to the financial statements: Note 8 – Financial risk review
2.1.2 Management’s objectives, policies, and processes for managing those risks. Notes to the financial statements: Note 8 – Financial risk review
2.1.3 Changes from the prior period. Notes to the financial statements: Note 59 – Comparative figures
2.2 Quantitative Disclosures
2.2.1 Summary of quantitative data about exposure to each risk at the reporting date. Notes to the financial statements: Note 8 – Financial risk review
2.2.2 Disclosures about credit risk, liquidity risk, market risk, operational risk, interest rate risk and how these risks are managed.
i. Credit Risk
a. Maximum amount of exposure (before deducting the value of collateral), description of collateral, information about credit quality of financial assets that are neither past due nor impaired and information about credit quality of financial assets. Notes to financial statements: Note 8.2.3 – Credit quality analysis
Note 8.2.4 – Collateral held and other credit enhancement
b. For financial assets that are past due or impaired, disclosures on age, factors considered in determining as impaired nd the description of collateral on each class of financial asset. Notes to the financial statements: Note 8.2.3 – Credit quality analysis
Note 8.2.4 – Collateral held and other credit enhancement
Note 8.2.5 – Amounts arising from ECL
c. Information about collateral or other credit enhancements obtained or called. Notes to the financial statements: Note 8.2.4 – Collateral held and other credit enhancement
d. For other disclosures, please refer Banking Act Direction No. 7 of 2011 on Integrated Risk Management Framework for Licensed Banks (Section H). Notes to the financial statements: Note 8.2 – Credit risk (Financial risk review)
ii. Liquidity Risk
a. A maturity analysis of financial liabilities. Notes to the financial statements: Notes 8.3.3 – Maturity analysis of financial liabilities and financial assets
b. Description of approach to risk management. Notes to the financial statements: Note 8 – Financial risk review
c. For other disclosures, please refer Banking Act Direction No. 7 of 2011 on Integrated Risk Management Framework for Licensed Banks (Section H). Notes to the financial statements: Note 8.3 – Liquidity risk (Financial risk review)
d. For other disclosures, refer Pillar III disclosures of the Banking Act Directions
No. 01 of 2016 on Capital Requirements under Basel III for Licensed Banks.
Supplementary Information Quantitative Disclosures as per Schedule Iii of the Banking Act Direction No. 01 of 2016, Capital Requirements Under Basel Iii
iii. Market Risk
a. A sensitivity analysis of each type of market risk to which the entity is exposed. Notes to the financial statements: Note 8.4 – Market risk financial risk review
b. Additional information, if the sensitivity analysis is not representative of the entity’s risk exposure. None
c. For other disclosures, please refer Banking Act Direction No. 7 of 2011 on Integrated Risk Management Framework for Licensed Banks (Section H). Notes to the financial statements: Note 8.4 – Market risk financial risk review
d. For other disclosures, refer Pillar III disclosures of the Banking Act Directions
No. 01 of 2016 on Capital Requirements under Basel III for Licensed Banks.
Supplementary Information Quantitative Disclosures as per Schedule Iii of the Banking Act Direction No. 01 of 2016, Capital Requirements Under Basel Iii
iv. Operational Risk
a. Please refer Banking Act Direction No. 7 of 2011 on Integrated Risk Management Framework for Licensed Banks (Section H). Notes to the financial statements: Note 8.5 – Operational risk financial risk review
b. For other disclosures, refer Pillar III disclosures of the Banking Act Directions
No. 01 of 2016 on Capital Requirements under Basel III for Licensed Banks.
Supplementary Information Quantitative Disclosures as per Schedule Iii of the Banking Act Direction No. 01 of 2016, Capital Requirements Under Basel Iii
v. Equity Risk in the Banking Book
a. Qualitative Disclosures
  • Differentiation between holdings on which capital gains are expected and those taken under other objectives including for relationship and strategic reasons.
Notes to the financial statements: Note 8.4.2.1 – Equity price risk
  • Discussion of important policies covering the valuation and accounting of equity holdings in the banking book.
Note 5.1.1 to 5.1.7 – Basis of consolidation Note 33 – Investments in subsidiaries Note 34 – Investments in associates Note 35 – Investments in joint venture
b. Quantitative Disclosures
  • Value disclosed in the statement of financial position of investments, as well as the fair value of those investments; for quoted securities, a comparison to publicly quoted share values where the share price is materially different from fair value.
Notes to the financial statements: Note 29 – Financial assets measured at fair value through profit or loss Note 32 – Financial assets measured at fair value through other comprehensive income
  • The types and nature of investments. The cumulative realised gains/(losses) arising from sales and liquidations in the reporting period.
Notes to the financial statements: Note 13 – Net gains from trading Note 14 – Net gains from derecognition of financial assets Note 15 – Net other operating income
vi. Interest Rate Risk in the Banking Book
a. Qualitative Disclosures
  • Nature of interest rate risk in the banking book (IRRBB) and key assumptions.
Notes to the financial statements: Note 8 – Financial risk review
b. Quantitative Disclosures Notes to the financial statements: Note 8 – Financial risk review Note 8.4.4.1 – Potential impact on NII due to change in market interest rates
The increase/(decline) in earnings or economic value (or relevant measure used by management) for upward and downward rate shocks according to management’s method for measuring IRRBB, broken down by currency (as relevant).
2.2.3 Information on concentrations of risk. Notes to the financial statements: Note 8 – Financial risk review
3. Other Disclosures
3.1 Capital
3.1.1 Capital Structure
i. Qualitative Disclosures. Notes to the financial statements: Note 8.6.1 – Key regulatory ratios – capital adequacy
Summary information on the terms and conditions of the main features of all capital instruments, especially in the case of innovative, complex or hybrid capital instruments.
ii. Quantitative Disclosure Notes to the financial statements: Note 8.6.1 – Key regulatory ratios – capital adequacy
a. The amount of Tier 1 capital, with separate disclosure of:
  • Paid-up share capital/common stock
  • Reserves
  • Non-controlling interests in the equity of subsidiaries
  • Innovative instruments
  • Other capital instruments
  • Deductions from Tier 1 capital
b. The total amount of Tier 2 and Tier 3 capital
c. Other deductions from capital
d. Total eligible capital
3.1.2 Capital adequacy
i. Qualitative Disclosures Notes to the financial statements: Note 8.6 – Capital management
A summary discussion of the Bank’s approach to assessing the adequacy of its capital to support current and future activities.
ii. Quantitative Disclosures
a. Capital requirements for credit risk, market risk and operational risk Notes to the financial statements: Note 8.6 – Capital management
b. Total and Tier 1 capital ratio Notes to the financial statements: Note 8.6.1 – Key regulatory ratios – capital adequacy