Total loans subject to ECL at the top ten local banks UAE 2020-2022
In 2022, nearly 88 percent of stage one loans were subject to expected credit losses. Stage one loans, after being the only type to drop by roughly four percent in 2021, were the only category which saw a marginal increase in ECL in 2022. Both stage two, and three loans saw a decline in the share of loans subject to ECL after previously recording an increase in 2021 over 2020.
