The allowance

IFRS 9 expected credit loss · Demonstration entity · Reporting date 2026-06-30

Result currentNot ready for review · 24 reasons

Run: 255574d8f14f40b7
Portfolio hash: 62d0c3ebee97
Config hash: b8617338aa94
Engine: v0.1.0
Method: Expert / benchmark PD

Synthetic demonstration data. The portfolio, PD curves, asset correlations, recovery rates and macro scenarios are illustrative and internally consistent — they are not benchmarks and not any institution’s experience.Model parameters →Guided assessment →

Gross carrying amount

$509.08M

148 exposures

Exposure at default

$546.88M

Drawn + CCF-weighted undrawn

Loss allowance

$8.99M

Probability-weighted

Coverage ratio

1.77%

Allowance / gross carrying amount

Scenario weights

Weights are not normalised automatically. Adjusting one and silently rebalancing the others would change a governance-approved parameter nobody touched.

Downside30%

Z = -1.40 · LGD ×1.25

Base50%

Z = 0.40 · LGD ×1.00

Upside20%

Z = 1.20 · LGD ×0.90

Weights total 100%

Scenario severity

The systematic factor Z, in standard-normal units. Negative is stress. The base case sits above zero because the modal economy is better than the mean one.

Downside-1.40

Base0.40

Upside1.20

Policy and adjustments

Stage 2 arrears backstop30 days

IFRS 9.5.5.11 presumes 30 days. Raising it rebuts the presumption and blocks review until the supporting evidence is recorded.

Management overlay0%

Reported as its own component, never merged into the modelled figure.

Apply regulatory provisioning floorsProduct-wise Stage 1 and Stage 2 minimums, as prescribed by the RBI ECL Directions effective 1 April 2027. Rates here are placeholders and block review until confirmed against the published schedule.

Scenario sensitivity

Allowance if each scenario were weighted 100%. A wide spread means most of the number rests on the weighting judgement rather than on the data — which a reader is entitled to know.

Scenario	Weight	Z	LGD ×	ECL at 100%	vs reported
Downside Recession scenario. Severity is set so the weighted set reproduces the through-the-cycle default rate. Replace with the entity's own approved stress narrative.	30%	-1.40	1.25	$17,751,451	+97.5%
Base Central forecast — the most likely state, which sits above the long-run average because the loss distribution is right-skewed. Replace with the entity's own approved macro baseline.	50%	0.40	1.00	$5,791,542	-35.6%
Upside Expansion scenario. Replace with the entity's own approved upside narrative.	20%	1.20	0.90	$3,833,700	-57.3%
Probability-weighted (reported model output)	100%	—	—	$8,987,947	—

Stage analysis — general approach

Gross carrying amount and loss allowance by stage (IFRS 7.35M).

Stage	Count	Gross	EAD	Allowance	Coverage
Stage 112-month ECL	85	$406.96M	$440.53M	$3,252,554	0.80%
Stage 2Lifetime ECL, not credit-impaired	27	$93.78M	$98M	$3,933,808	4.19%
Stage 3Lifetime ECL, credit-impaired	5	$2.4M	$2.41M	$1,491,499	62.12%
Total — general approach	117	$503.14M	$540.94M	$8,677,861	1.72%

Sector analysis

Asset correlation ρ is shown because it is what makes each sector respond differently to the same macro scenario. Holding ρ constant across a book is the standard model's most consequential simplification.

Sector	ρ	Count	Gross	Allowance	Coverage	Primary macro drivers
Commercial real estateuncalibrated	0.25	8	$76.79M	$3,816,018	4.97%	Commercial property prices · Vacancy rate · Policy rate
Servicesuncalibrated	0.15	37	$15.28M	$1,519,094	9.94%	GDP growth · Consumer spending · Unemployment
Energy and resourcesuncalibrated	0.22	5	$65.45M	$1,337,867	2.04%	Commodity prices · GDP growth · FX rate
Corporateuncalibrated	0.18	27	$158.87M	$1,111,827	0.70%	GDP growth · Credit spreads · Equity index
SMEuncalibrated	0.12	16	$5.33M	$575,359	10.80%	GDP growth · Business insolvencies · Policy rate
Agricultureuncalibrated	0.14	7	$3.17M	$256,125	8.08%	Crop prices · Rainfall index · Input cost index
Manufacturinguncalibrated	0.19	7	$21.88M	$149,702	0.68%	Industrial production · GDP growth · Export demand
Financial institutionsuncalibrated	0.24	4	$37.35M	$113,005	0.30%	Bank credit spreads · Policy rate · GDP growth
Retail unsecureduncalibrated	0.04	18	$338.2K	$54,378	16.08%	Unemployment · Real household income · Inflation
Retail mortgageuncalibrated	0.15	14	$4.73M	$44,808	0.95%	House price index · Unemployment · Policy rate
Sovereign and public sectoruncalibrated	0.20	5	$119.89M	$9,764	0.01%	Sovereign spread · Fiscal balance · FX reserves

Ageing analysis — simplified approach

Trade receivables and contract assets carry lifetime ECL from initial recognition and are never staged. Reported by ageing band, which is what IFRS 7 contemplates for them.

Ageing band	Count	Gross	EAD	Allowance	Coverage
Over 90 days	3	$494.4K	$494.4K	$173,040	35.00%
61–90 days	3	$512.4K	$512.4K	$61,488	12.00%
31–60 days	5	$735.6K	$735.6K	$36,780	5.00%
1–30 days	8	$1.78M	$1.78M	$26,676	1.50%
Current	12	$2.42M	$2.42M	$12,102	0.50%
Total — simplified approach	31	$5.94M	$5.94M	$310,086	5.22%

Asset category analysis

Coverage is shown against EAD as well as gross, because off-balance-sheet items — guarantees and undrawn commitments — carry real credit exposure with little or no carrying amount.

Asset category	Count	Gross	EAD	Allowance	Coverage / EAD
Term loans	74	$305.27M	$305.27M	$8,049,339	2.64%
Trade receivables	31	$5.94M	$5.94M	$310,086	5.22%
Debt securities (FVOCI)	4	$37.35M	$37.35M	$113,005	0.30%
Financial guarantees	5	$0	$11.62M	$111,459	0.96%
Loan commitments	4	$0	$11.63M	$104,364	0.90%
Revolving facilities	6	$24.05M	$38.38M	$102,979	0.27%
Overdrafts	6	$534.5K	$667.88K	$96,780	14.49%
Intercompany loans	3	$15.93M	$15.93M	$58,780	0.37%
Credit cards	10	$120.1K	$201.83K	$31,392	15.55%
Debt securities (amortised cost)	5	$119.89M	$119.89M	$9,764	0.01%

Readiness

Calculation blockers stop a result being produced at all. Review blockers allow one to be explored but never submitted for approval — a tool that will approve an allowance built on uncalibrated parameters is worse than a spreadsheet.

Blocks review
Sector RETAIL_MORTGAGE is still using shipped illustrative parameters. (11 exposures)
Replace the PD curve, asset correlation, recovery and cure rates with the institution's own experience, and record the basis. These defaults exist to make the model explorable, not reportable.
Blocks review
Provision matrix "default-retail_mortgage" has no documented basis for its loss rates. (11 exposures)
Record how the rates were derived. An ageing snapshot alone does not establish a loss rate — that requires cohorts tracked to resolution, with collections, write-offs, recoveries and a stated treatment of incomplete outcomes.
Blocks review
117 of 148 exposures have no origination-date PD expectation, so the SICR benchmark is rebuilt from today's macro forecast. Today's forecast then appears on both sides of the comparison and cancels: the quantitative test returns a 1.00x increase for every exposure whose rating has not moved, and no macroeconomic deterioration — of any severity — can transfer anything to stage 2.
Supply the lifetime PD recorded at initial recognition on each exposure (originationLifetimePd), or set originationScenarios on the configuration to the macro set that stood when the book was written. Until one of those exists, treat staging as driven by rating migration and past-due status alone, and say so in the disclosure.
Blocks review
The configuration claims the rating vasicek methodology; the calculation actually used expert benchmark. The tier reported has been reduced to what the run did.
Record how the rates were derived, so the stronger claim is supported, or set the tier to what the calculation used. A methodology stated on a disclosure is a representation about how the figures were produced.

Exposures

Ranked by allowance. Every reported figure decomposes to a single instrument — select a row for the stage reasoning behind it.

25 of 148

Exposure	Sector	Stage / band	Gross	EAD	12m PD	Lifetime PD	LGD	Allowance
CRE-INV-006	Commercial real estate Term loans	Stage 2	$14.9M	$14.9M	36.72%	67.27%	25.5%	$2,396,115
SVC-TL-006	Services Term loans	Stage 3	$1.52M	$1.52M	100.00%	100.00%	71.7%	$1,087,004
CRE-INV-004	Commercial real estate Term loans	Stage 1	$6.27M	$6.27M	36.72%	61.20%	32.6%	$760,783
ENR-TL-001	Energy and resources Term loans	Stage 1	$5.09M	$5.09M	34.36%	49.23%	39.8%	$706,099
ENR-TL-002	Energy and resources Term loans	Stage 2	$11.72M	$11.72M	4.92%	15.25%	30.2%	$393,438
SME-TL-009	SME Term loans	Stage 3	$651.7K	$651.7K	100.00%	100.00%	50.9%	$331,514
CORP-TL-008	Corporate Term loans	Stage 1	$17.65M	$17.65M	3.50%	10.21%	46.4%	$313,771
CORP-TL-007	Corporate Term loans	Stage 1	$14.96M	$14.96M	3.50%	10.99%	46.4%	$265,271
CRE-INV-003	Commercial real estate Term loans	Stage 1	$12.56M	$12.56M	5.30%	16.15%	29.4%	$211,401
CRE-INV-005	Commercial real estate Term loans	Stage 1	$10.73M	$10.73M	5.30%	15.85%	33.5%	$208,532
ENR-TL-003	Energy and resources Term loans	Stage 2	$16.57M	$16.57M	1.27%	6.43%	30.6%	$203,962
CRE-INV-002	Commercial real estate Term loans	Stage 2	$13.59M	$13.59M	1.36%	4.41%	31.4%	$191,766
AGR-TL-003	Agriculture Term loans	Stage 2	$1.12M	$1.12M	39.53%	59.14%	34.1%	$186,285
AR-030	Services Trade receivables	Over 90 days	$325.3K	$325.3K	—	—	—	$113,855
SME-TL-008	SME Term loans	Stage 1	$777.4K	$777.4K	44.57%	68.47%	29.1%	$100,205
FI-SNR-004	Financial institutions Debt securities (FVOCI)	Stage 2	$14.99M	$14.99M	0.013%	1.54%	47.5%	$96,028
SVC-TL-004	Services Term loans	Stage 2	$1.73M	$1.73M	4.52%	11.81%	56.0%	$86,793
GTEE-PERF-002	Corporate Financial guarantees	Stage 2	$0	$2.97M	3.50%	5.65%	46.4%	$83,222
CORP-TL-006	Corporate Term loans	Stage 1	$15.97M	$15.97M	0.899%	4.73%	46.4%	$73,167
MFG-TL-005	Manufacturing Term loans	Stage 2	$1.92M	$1.92M	4.20%	10.95%	33.5%	$55,847
CORP-RCF-002	Corporate Revolving facilities	Stage 2	$2.75M	$3.93M	0.899%	2.85%	46.4%	$53,873
COMMIT-UND-003	Corporate Loan commitments	Stage 1	$0	$3M	3.50%	7.16%	46.4%	$53,101
SME-OD-003	SME Overdrafts	Stage 1	$176.5K	$209.98K	44.57%	65.12%	55.4%	$49,852
IC-LOAN-002	Corporate Intercompany loans	Stage 2	$5.85M	$5.85M	0.899%	1.62%	46.4%	$48,473
MTG-RES-010	Retail mortgage Term loans	Stage 3	$207.6K	$207.6K	100.00%	100.00%	21.3%	$44,142