Page 40 - Annual Report 2021 EN

/ 40 T ABLE OF C ONTENT S

GR O S S L O ANS AND AD V ANCES

2. Composition of gross

loans and advances

Loans and advances mainly comprised of two product

types: namely, term loans and trade bills. Loans and

advances increased by 6.5% as of December 2021,

compared to the growth of 15.2% for 2020. This
increase was primarily due to an increase in bills and

bankers acceptances. This is consistent with prudent

risk-taking practices observed by QFC banks in light of
challenging credit conditions attributed to the pandemic.

Term loans Bills & BAs Lease and instalment debtors

Overdrafts Commercial mortgages Residential mortgages

Resales Other loans Factoring