My first Publication ocbc_ar17_fullreport_english

PILLAR 3 DISCLOSURES (OCBC Group – As at 31 December 2017) Reconciliation of Changes in Impairment Allowances 7.4 Specific Allowances S$ million At 1 January 2017 Currency translation Bad debts written off Recovery of amounts previously provided for Allowances for loans Net allowances charged to income statements Interest recognition on impaired loans Transfer from other assets At 31 December 2017 642 (29) (786) (65) 1,504 1,439 (19) 2 1,249 Portfolio Allowances S$ million At 1 January 2017 Currency translation Allowances credited to income statements At 31 December 2017 2,241 (38) (786) 1,417 Past-Due Loans Not Impaired These are loans and bills receivables that are past due but not impaired as the collateral values of these loans are in excess of the principal and interest outstanding. Allowances for these loans may have been set aside on a portfolio basis. The following table provides the ageing analysis of non-impaired past due exposures in accordance with FRS 107. Analysed by Period Overdue S$ million Past due Less than 30 days 30 to 90 days Over 90 days Past due but not impaired 112 OCBC ANNUAL REPORT 2017 1,229 985 528 2,742 RESTRUCTURED EXPOSURES Restructured exposures refer to exposures where the bank has granted concessions or restructured repayment terms to borrowers who are facing difficulties in meeting original repayment schedules. They are classified in the appropriate non-performing grades and not restored to performing loan status until the borrowers have demonstrated sustained ability to meet all future obligations under the restructured terms. The following table provides the breakdown of impaired and non-impaired restructured exposures. S$ million Credit Quality of Restructured Exposures Substandard Doubtful Loss Passed/ Watchlist/ Special Mention At 31 December 2017 Impaired Exposures Non- impaired Exposures 505 206 52 – 763 198 5 – 577 780

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