Report of the directors financial review risk report - The consensus Central scenario (Details)
|
6 Months Ended |
12 Months Ended |
Jun. 30, 2025 |
Dec. 31, 2024 |
| Consensus Central scenario allowance for ECL |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP growth rate, 5 year average |
2.50%
|
|
| Forecast period |
5 years
|
|
| Consensus Central scenario allowance for ECL | UK |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP growth rate, 5 year average |
1.40%
|
1.50%
|
| Unemployment rate, 5 year average |
4.40%
|
4.50%
|
| House price growth, 5 year average |
2.40%
|
3.20%
|
| Inflation rate, 5 year average |
2.20%
|
2.10%
|
| Central bank policy rate, 5 year average |
3.80%
|
3.90%
|
| Consensus Central scenario allowance for ECL | US |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP growth rate, 5 year average |
1.80%
|
1.80%
|
| Unemployment rate, 5 year average |
4.30%
|
4.20%
|
| House price growth, 5 year average |
2.80%
|
3.00%
|
| Inflation rate, 5 year average |
2.50%
|
2.40%
|
| Central bank policy rate, 5 year average |
3.60%
|
3.70%
|
| Consensus Central scenario allowance for ECL | Hong Kong |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP growth rate, 5 year average |
2.20%
|
2.60%
|
| Unemployment rate, 5 year average |
3.10%
|
3.20%
|
| House price growth, 5 year average |
1.60%
|
2.10%
|
| Inflation rate, 5 year average |
1.90%
|
2.00%
|
| Central bank policy rate, 5 year average |
4.00%
|
4.10%
|
| Consensus Central scenario allowance for ECL | Mainland China |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP growth rate, 5 year average |
3.90%
|
3.90%
|
| Unemployment rate, 5 year average |
5.10%
|
5.20%
|
| House price growth, 5 year average |
0.70%
|
0.70%
|
| Inflation rate, 5 year average |
1.30%
|
1.20%
|
| Central bank policy rate, 5 year average |
2.90%
|
3.10%
|
| Consensus Central scenario allowance for ECL | France |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP growth rate, 5 year average |
1.10%
|
1.20%
|
| Unemployment rate, 5 year average |
7.50%
|
7.20%
|
| House price growth, 5 year average |
3.90%
|
3.60%
|
| Inflation rate, 5 year average |
1.90%
|
1.90%
|
| Central bank policy rate, 5 year average |
2.10%
|
2.00%
|
| Consensus Central scenario allowance for ECL | UAE |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP growth rate, 5 year average |
3.70%
|
3.90%
|
| Unemployment rate, 5 year average |
2.40%
|
2.60%
|
| House price growth, 5 year average |
3.90%
|
4.20%
|
| Inflation rate, 5 year average |
1.90%
|
1.90%
|
| Central bank policy rate, 5 year average |
3.70%
|
3.80%
|
| Consensus Central scenario allowance for ECL | Mexico |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP growth rate, 5 year average |
1.70%
|
1.50%
|
| Unemployment rate, 5 year average |
3.50%
|
3.50%
|
| House price growth, 5 year average |
4.40%
|
4.90%
|
| Inflation rate, 5 year average |
3.50%
|
3.80%
|
| Central bank policy rate, 5 year average |
7.80%
|
8.90%
|
| Consensus Central scenario allowance for ECL | 2025 | UK |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
0.90%
|
1.20%
|
| Unemployment rate (%) |
4.60%
|
4.90%
|
| House prices (annual average growth rate, %) |
3.50%
|
1.40%
|
| Inflation (annual average growth rate, %) |
3.00%
|
2.40%
|
| Central bank policy rate (annual average, %) |
4.20%
|
4.20%
|
| Consensus Central scenario allowance for ECL | 2025 | US |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.50%
|
2.00%
|
| Unemployment rate (%) |
4.40%
|
4.40%
|
| House prices (annual average growth rate, %) |
3.70%
|
4.40%
|
| Inflation (annual average growth rate, %) |
3.10%
|
2.40%
|
| Central bank policy rate (annual average, %) |
4.20%
|
4.10%
|
| Consensus Central scenario allowance for ECL | 2025 | Hong Kong |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.80%
|
1.70%
|
| Unemployment rate (%) |
3.20%
|
3.30%
|
| House prices (annual average growth rate, %) |
(5.30%)
|
(0.50%)
|
| Inflation (annual average growth rate, %) |
1.70%
|
1.40%
|
| Central bank policy rate (annual average, %) |
4.60%
|
4.50%
|
| Consensus Central scenario allowance for ECL | 2025 | Mainland China |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
4.30%
|
4.00%
|
| Unemployment rate (%) |
5.20%
|
5.20%
|
| House prices (annual average growth rate, %) |
(5.90%)
|
(5.90%)
|
| Inflation (annual average growth rate, %) |
0.30%
|
0.30%
|
| Central bank policy rate (annual average, %) |
3.00%
|
2.90%
|
| Consensus Central scenario allowance for ECL | 2025 | France |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
0.50%
|
0.90%
|
| Unemployment rate (%) |
7.60%
|
7.50%
|
| House prices (annual average growth rate, %) |
2.10%
|
2.10%
|
| Inflation (annual average growth rate, %) |
1.30%
|
1.20%
|
| Central bank policy rate (annual average, %) |
2.10%
|
2.10%
|
| Consensus Central scenario allowance for ECL | 2025 | UAE |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
4.20%
|
4.40%
|
| Unemployment rate (%) |
2.60%
|
2.70%
|
| House prices (annual average growth rate, %) |
13.50%
|
9.30%
|
| Inflation (annual average growth rate, %) |
1.90%
|
2.10%
|
| Central bank policy rate (annual average, %) |
4.30%
|
4.10%
|
| Consensus Central scenario allowance for ECL | 2025 | Mexico |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
0.20%
|
0.90%
|
| Unemployment rate (%) |
3.10%
|
3.50%
|
| House prices (annual average growth rate, %) |
7.10%
|
7.60%
|
| Inflation (annual average growth rate, %) |
3.70%
|
5.00%
|
| Central bank policy rate (annual average, %) |
8.50%
|
9.40%
|
| Consensus Central scenario allowance for ECL | 2026 | UK |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.20%
|
1.30%
|
| Unemployment rate (%) |
4.70%
|
4.70%
|
| House prices (annual average growth rate, %) |
1.20%
|
3.80%
|
| Inflation (annual average growth rate, %) |
2.30%
|
2.10%
|
| Central bank policy rate (annual average, %) |
3.70%
|
3.90%
|
| Consensus Central scenario allowance for ECL | 2026 | US |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.60%
|
1.60%
|
| Unemployment rate (%) |
4.50%
|
4.30%
|
| House prices (annual average growth rate, %) |
3.10%
|
3.20%
|
| Inflation (annual average growth rate, %) |
2.80%
|
2.80%
|
| Central bank policy rate (annual average, %) |
3.50%
|
3.70%
|
| Consensus Central scenario allowance for ECL | 2026 | Hong Kong |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
2.10%
|
1.80%
|
| Unemployment rate (%) |
3.10%
|
3.70%
|
| House prices (annual average growth rate, %) |
(1.20%)
|
2.40%
|
| Inflation (annual average growth rate, %) |
1.80%
|
1.90%
|
| Central bank policy rate (annual average, %) |
3.90%
|
4.10%
|
| Consensus Central scenario allowance for ECL | 2026 | Mainland China |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
4.10%
|
3.70%
|
| Unemployment rate (%) |
5.10%
|
5.40%
|
| House prices (annual average growth rate, %) |
(1.50%)
|
(0.70%)
|
| Inflation (annual average growth rate, %) |
0.90%
|
1.00%
|
| Central bank policy rate (annual average, %) |
2.80%
|
2.90%
|
| Consensus Central scenario allowance for ECL | 2026 | France |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.00%
|
0.90%
|
| Unemployment rate (%) |
7.70%
|
7.30%
|
| House prices (annual average growth rate, %) |
4.30%
|
4.40%
|
| Inflation (annual average growth rate, %) |
1.60%
|
1.60%
|
| Central bank policy rate (annual average, %) |
1.60%
|
1.80%
|
| Consensus Central scenario allowance for ECL | 2026 | UAE |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
4.20%
|
4.20%
|
| Unemployment rate (%) |
2.50%
|
2.60%
|
| House prices (annual average growth rate, %) |
5.50%
|
5.10%
|
| Inflation (annual average growth rate, %) |
2.00%
|
1.90%
|
| Central bank policy rate (annual average, %) |
3.50%
|
3.80%
|
| Consensus Central scenario allowance for ECL | 2026 | Mexico |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.40%
|
1.20%
|
| Unemployment rate (%) |
3.80%
|
3.50%
|
| House prices (annual average growth rate, %) |
4.20%
|
4.50%
|
| Inflation (annual average growth rate, %) |
3.60%
|
3.90%
|
| Central bank policy rate (annual average, %) |
7.40%
|
8.80%
|
| Consensus Central scenario allowance for ECL | 2027 | UK |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.50%
|
1.80%
|
| Unemployment rate (%) |
4.50%
|
4.50%
|
| House prices (annual average growth rate, %) |
2.40%
|
4.60%
|
| Inflation (annual average growth rate, %) |
2.00%
|
2.10%
|
| Central bank policy rate (annual average, %) |
3.70%
|
3.80%
|
| Consensus Central scenario allowance for ECL | 2027 | US |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
2.00%
|
1.60%
|
| Unemployment rate (%) |
4.30%
|
4.30%
|
| House prices (annual average growth rate, %) |
3.00%
|
2.40%
|
| Inflation (annual average growth rate, %) |
2.40%
|
2.50%
|
| Central bank policy rate (annual average, %) |
3.40%
|
3.70%
|
| Consensus Central scenario allowance for ECL | 2027 | Hong Kong |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
2.40%
|
3.50%
|
| Unemployment rate (%) |
3.10%
|
3.30%
|
| House prices (annual average growth rate, %) |
4.20%
|
3.00%
|
| Inflation (annual average growth rate, %) |
2.00%
|
2.20%
|
| Central bank policy rate (annual average, %) |
3.80%
|
4.00%
|
| Consensus Central scenario allowance for ECL | 2027 | Mainland China |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
4.00%
|
4.30%
|
| Unemployment rate (%) |
5.10%
|
5.20%
|
| House prices (annual average growth rate, %) |
0.60%
|
3.20%
|
| Inflation (annual average growth rate, %) |
1.40%
|
1.50%
|
| Central bank policy rate (annual average, %) |
2.90%
|
3.00%
|
| Consensus Central scenario allowance for ECL | 2027 | France |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.30%
|
1.40%
|
| Unemployment rate (%) |
7.50%
|
7.20%
|
| House prices (annual average growth rate, %) |
4.90%
|
4.40%
|
| Inflation (annual average growth rate, %) |
1.90%
|
2.00%
|
| Central bank policy rate (annual average, %) |
1.90%
|
2.00%
|
| Consensus Central scenario allowance for ECL | 2027 | UAE |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
4.00%
|
3.90%
|
| Unemployment rate (%) |
2.50%
|
2.60%
|
| House prices (annual average growth rate, %) |
3.60%
|
3.60%
|
| Inflation (annual average growth rate, %) |
1.90%
|
1.80%
|
| Central bank policy rate (annual average, %) |
3.40%
|
3.70%
|
| Consensus Central scenario allowance for ECL | 2027 | Mexico |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
2.00%
|
1.70%
|
| Unemployment rate (%) |
3.40%
|
3.50%
|
| House prices (annual average growth rate, %) |
4.30%
|
4.20%
|
| Inflation (annual average growth rate, %) |
3.50%
|
3.40%
|
| Central bank policy rate (annual average, %) |
7.60%
|
8.80%
|
| Consensus Central scenario allowance for ECL | 2028 | UK |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.50%
|
1.60%
|
| Unemployment rate (%) |
4.30%
|
4.30%
|
| House prices (annual average growth rate, %) |
3.30%
|
3.50%
|
| Inflation (annual average growth rate, %) |
2.10%
|
2.00%
|
| Central bank policy rate (annual average, %) |
3.80%
|
3.70%
|
| Consensus Central scenario allowance for ECL | 2028 | US |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
2.00%
|
1.80%
|
| Unemployment rate (%) |
4.30%
|
4.20%
|
| House prices (annual average growth rate, %) |
2.60%
|
2.50%
|
| Inflation (annual average growth rate, %) |
2.30%
|
2.20%
|
| Central bank policy rate (annual average, %) |
3.50%
|
3.60%
|
| Consensus Central scenario allowance for ECL | 2028 | Hong Kong |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
2.40%
|
3.10%
|
| Unemployment rate (%) |
3.00%
|
3.00%
|
| House prices (annual average growth rate, %) |
3.00%
|
2.70%
|
| Inflation (annual average growth rate, %) |
2.00%
|
2.20%
|
| Central bank policy rate (annual average, %) |
3.90%
|
4.00%
|
| Consensus Central scenario allowance for ECL | 2028 | Mainland China |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
3.90%
|
3.90%
|
| Unemployment rate (%) |
5.00%
|
5.00%
|
| House prices (annual average growth rate, %) |
2.70%
|
4.10%
|
| Inflation (annual average growth rate, %) |
1.60%
|
1.70%
|
| Central bank policy rate (annual average, %) |
2.90%
|
3.20%
|
| Consensus Central scenario allowance for ECL | 2028 | France |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.30%
|
1.50%
|
| Unemployment rate (%) |
7.40%
|
7.00%
|
| House prices (annual average growth rate, %) |
4.10%
|
3.80%
|
| Inflation (annual average growth rate, %) |
2.30%
|
2.30%
|
| Central bank policy rate (annual average, %) |
2.20%
|
2.00%
|
| Consensus Central scenario allowance for ECL | 2028 | UAE |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
3.50%
|
3.60%
|
| Unemployment rate (%) |
2.40%
|
2.50%
|
| House prices (annual average growth rate, %) |
2.30%
|
1.80%
|
| Inflation (annual average growth rate, %) |
1.90%
|
1.90%
|
| Central bank policy rate (annual average, %) |
3.60%
|
3.60%
|
| Consensus Central scenario allowance for ECL | 2028 | Mexico |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
2.00%
|
1.90%
|
| Unemployment rate (%) |
3.50%
|
3.50%
|
| House prices (annual average growth rate, %) |
4.40%
|
4.00%
|
| Inflation (annual average growth rate, %) |
3.50%
|
3.40%
|
| Central bank policy rate (annual average, %) |
7.90%
|
8.90%
|
| Consensus Central scenario allowance for ECL | 2029 | UK |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.50%
|
1.60%
|
| Unemployment rate (%) |
4.10%
|
4.30%
|
| House prices (annual average growth rate, %) |
2.70%
|
2.70%
|
| Inflation (annual average growth rate, %) |
2.00%
|
2.00%
|
| Central bank policy rate (annual average, %) |
3.90%
|
3.70%
|
| Consensus Central scenario allowance for ECL | 2029 | US |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.90%
|
2.00%
|
| Unemployment rate (%) |
4.10%
|
4.10%
|
| House prices (annual average growth rate, %) |
2.40%
|
2.60%
|
| Inflation (annual average growth rate, %) |
2.20%
|
2.10%
|
| Central bank policy rate (annual average, %) |
3.70%
|
3.60%
|
| Consensus Central scenario allowance for ECL | 2029 | Hong Kong |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
2.40%
|
2.70%
|
| Unemployment rate (%) |
3.00%
|
2.90%
|
| House prices (annual average growth rate, %) |
2.60%
|
2.70%
|
| Inflation (annual average growth rate, %) |
2.10%
|
2.30%
|
| Central bank policy rate (annual average, %) |
4.10%
|
4.00%
|
| Consensus Central scenario allowance for ECL | 2029 | Mainland China |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
3.80%
|
3.70%
|
| Unemployment rate (%) |
5.00%
|
5.00%
|
| House prices (annual average growth rate, %) |
2.90%
|
2.90%
|
| Inflation (annual average growth rate, %) |
1.50%
|
1.60%
|
| Central bank policy rate (annual average, %) |
3.00%
|
3.30%
|
| Consensus Central scenario allowance for ECL | 2029 | France |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
1.20%
|
1.40%
|
| Unemployment rate (%) |
7.20%
|
7.00%
|
| House prices (annual average growth rate, %) |
3.30%
|
3.10%
|
| Inflation (annual average growth rate, %) |
2.20%
|
2.20%
|
| Central bank policy rate (annual average, %) |
2.40%
|
2.10%
|
| Consensus Central scenario allowance for ECL | 2029 | UAE |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
3.40%
|
3.60%
|
| Unemployment rate (%) |
2.40%
|
2.50%
|
| House prices (annual average growth rate, %) |
1.80%
|
1.30%
|
| Inflation (annual average growth rate, %) |
1.90%
|
1.80%
|
| Central bank policy rate (annual average, %) |
3.70%
|
3.60%
|
| Consensus Central scenario allowance for ECL | 2029 | Mexico |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
2.00%
|
2.00%
|
| Unemployment rate (%) |
3.40%
|
3.50%
|
| House prices (annual average growth rate, %) |
4.10%
|
4.00%
|
| Inflation (annual average growth rate, %) |
3.40%
|
3.40%
|
| Central bank policy rate (annual average, %) |
8.20%
|
8.90%
|
| Consensus Downside scenario allowance for ECL | 2025 | UK |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(0.90%)
|
(1.00%)
|
| Consensus Downside scenario allowance for ECL | 2025 | US |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(1.50%)
|
(0.60%)
|
| Consensus Downside scenario allowance for ECL | 2025 | Hong Kong |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(4.20%)
|
(4.50%)
|
| Consensus Downside scenario allowance for ECL | 2025 | Mainland China |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(2.90%)
|
(2.50%)
|
| Consensus Downside scenario allowance for ECL | 2025 | France |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(0.60%)
|
(0.60%)
|
| Consensus Downside scenario allowance for ECL | 2025 | UAE |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(0.20%)
|
0.30%
|
| Consensus Downside scenario allowance for ECL | 2025 | Mexico |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(1.40%)
|
(2.10%)
|
| Consensus Downside scenario allowance for ECL | 2026 | UK |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
6.20%
|
6.10%
|
| House prices (annual average growth rate, %) |
(6.40%)
|
(4.50%)
|
| Inflation (annual average growth rate, %) |
1.30%
|
3.40%
|
| Central bank policy rate (annual average, %) |
2.40%
|
5.00%
|
| Consensus Downside scenario allowance for ECL | 2026 | US |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
5.60%
|
5.30%
|
| House prices (annual average growth rate, %) |
(0.70%)
|
(0.20%)
|
| Inflation (annual average growth rate, %) |
4.00%
|
4.50%
|
| Central bank policy rate (annual average, %) |
5.20%
|
4.80%
|
| Consensus Downside scenario allowance for ECL | 2026 | Hong Kong |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
4.50%
|
5.10%
|
| House prices (annual average growth rate, %) |
(6.90%)
|
(1.90%)
|
| Inflation (annual average growth rate, %) |
0.90%
|
3.10%
|
| Central bank policy rate (annual average, %) |
5.60%
|
5.20%
|
| Consensus Downside scenario allowance for ECL | 2026 | Mainland China |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
6.70%
|
6.90%
|
| House prices (annual average growth rate, %) |
(10.00%)
|
(12.80%)
|
| Inflation (annual average growth rate, %) |
(2.80%)
|
2.00%
|
| Central bank policy rate (annual average, %) |
1.70%
|
3.00%
|
| Consensus Downside scenario allowance for ECL | 2026 | France |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
8.80%
|
8.30%
|
| House prices (annual average growth rate, %) |
0.20%
|
(0.30%)
|
| Inflation (annual average growth rate, %) |
0.60%
|
2.60%
|
| Central bank policy rate (annual average, %) |
0.40%
|
3.20%
|
| Consensus Downside scenario allowance for ECL | 2026 | UAE |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
3.40%
|
3.40%
|
| House prices (annual average growth rate, %) |
(1.00%)
|
(0.40%)
|
| Inflation (annual average growth rate, %) |
0.80%
|
2.80%
|
| Central bank policy rate (annual average, %) |
5.20%
|
4.80%
|
| Consensus Downside scenario allowance for ECL | 2026 | Mexico |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
4.20%
|
4.10%
|
| House prices (annual average growth rate, %) |
0.70%
|
2.10%
|
| Inflation (annual average growth rate, %) |
4.30%
|
7.40%
|
| Central bank policy rate (annual average, %) |
10.20%
|
11.50%
|
| Downside 2 scenario allowance for ECL | 2025 | UK |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(5.50%)
|
(9.10%)
|
| Downside 2 scenario allowance for ECL | 2025 | US |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(4.20%)
|
(4.10%)
|
| Downside 2 scenario allowance for ECL | 2025 | Hong Kong |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(10.80%)
|
(10.10%)
|
| Downside 2 scenario allowance for ECL | 2025 | Mainland China |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(6.30%)
|
(8.70%)
|
| Downside 2 scenario allowance for ECL | 2025 | France |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(6.30%)
|
(7.90%)
|
| Downside 2 scenario allowance for ECL | 2025 | UAE |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(5.20%)
|
(6.80%)
|
| Downside 2 scenario allowance for ECL | 2025 | Mexico |
|
|
| Disclosure of financial assets [line items] |
|
|
| GDP (annual average growth rate, %) |
(9.30%)
|
(10.50%)
|
| Downside 2 scenario allowance for ECL | 2026 | UK |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
8.70%
|
8.40%
|
| House prices (annual average growth rate, %) |
(26.80%)
|
(27.20%)
|
| Inflation (annual average growth rate, %) |
(1.90%)
|
10.10%
|
| Central bank policy rate (annual average, %) |
1.60%
|
5.50%
|
| Downside 2 scenario allowance for ECL | 2026 | US |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
8.70%
|
9.30%
|
| House prices (annual average growth rate, %) |
(14.30%)
|
(15.80%)
|
| Inflation (annual average growth rate, %) |
4.30%
|
4.90%
|
| Central bank policy rate (annual average, %) |
5.30%
|
5.50%
|
| Downside 2 scenario allowance for ECL | 2026 | Hong Kong |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
6.70%
|
7.10%
|
| House prices (annual average growth rate, %) |
(22.10%)
|
(34.40%)
|
| Inflation (annual average growth rate, %) |
(1.40%)
|
3.60%
|
| Central bank policy rate (annual average, %) |
5.60%
|
5.90%
|
| Downside 2 scenario allowance for ECL | 2026 | Mainland China |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
6.90%
|
7.10%
|
| House prices (annual average growth rate, %) |
(27.70%)
|
(30.50%)
|
| Inflation (annual average growth rate, %) |
(6.00%)
|
3.80%
|
| Central bank policy rate (annual average, %) |
1.40%
|
3.50%
|
| Downside 2 scenario allowance for ECL | 2026 | France |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
10.80%
|
10.40%
|
| House prices (annual average growth rate, %) |
(6.80%)
|
(14.00%)
|
| Inflation (annual average growth rate, %) |
(0.40%)
|
7.60%
|
| Central bank policy rate (annual average, %) |
(0.10%)
|
4.20%
|
| Downside 2 scenario allowance for ECL | 2026 | UAE |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
4.00%
|
5.00%
|
| House prices (annual average growth rate, %) |
(24.40%)
|
(13.20%)
|
| Inflation (annual average growth rate, %) |
0.70%
|
3.70%
|
| Central bank policy rate (annual average, %) |
5.30%
|
5.60%
|
| Downside 2 scenario allowance for ECL | 2026 | Mexico |
|
|
| Disclosure of financial assets [line items] |
|
|
| Unemployment rate (%) |
5.80%
|
5.60%
|
| House prices (annual average growth rate, %) |
0.70%
|
2.00%
|
| Inflation (annual average growth rate, %) |
4.40%
|
7.90%
|
| Central bank policy rate (annual average, %) |
10.60%
|
12.10%
|