{
  "docId": "019dd923-5ca1-7489-b633-f38eb376832b",
  "docSlug": "2d4845138580cb14",
  "documentTitle": "Saudi Arabia Banking Pulse Quarter 3, 2022",
  "authorId": "AlvarezMarsal",
  "authorName": "Alvarez & Marsal",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 14,
  "pageCount": 22,
  "prevPage": 13,
  "nextPage": 15,
  "slideType": "financial_analysis",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 15,
  "notes": "The slide uses a mathematical relationship (Provisions / Loans = Cost of Risk) to explain the trend.",
  "elementsJson": [
    "bar_chart_vertical",
    "bullet_list",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5ca1-7489-b633-f38eb376832b/14",
  "deckHref": "/decks/019dd923-5ca1-7489-b633-f38eb376832b",
  "deckJsonHref": "/decks/019dd923-5ca1-7489-b633-f38eb376832b.json",
  "deckAnchorHref": "/decks/019dd923-5ca1-7489-b633-f38eb376832b#slide-14",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "Cost of risk has decreased by 9bps QoQ due to a substantial drop in the aggregate impairment charges (-15.4% QoQ)",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd951-a674-768f-a076-42a083cd13c1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.23,
        "w": 0.328,
        "x": 0.03,
        "y": 0.23
      },
      "kind": "chart",
      "text": "Quarterly Net Loan Loss Provisions (SAR Bn)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "6ad01688-bce5-4eba-8606-763033fe0287",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.23,
        "w": 0.328,
        "x": 0.03,
        "y": 0.58
      },
      "kind": "chart",
      "text": "Average Gross Loans (SAR Bn)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "906027a1-d726-4276-8864-bbde69143c76",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.328,
        "x": 0.375,
        "y": 0.23
      },
      "kind": "chart",
      "text": "Cost of Risk (%, Quarterly Annualized)",
      "attrs": null,
      "subkind": "bar-vertical",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bacad476-33cc-4395-be77-9ce8cd9ffab0",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.3,
        "w": 0.28,
        "x": 0.705,
        "y": 0.25
      },
      "kind": "list",
      "text": "Cost of risk has decreased by 9bps QoQ due to a substantial drop in the aggregate impairment charges (-15.4% QoQ). The decline in impairment charges was the highest in SABB (-72.4% QoQ). SIB reported net reversals of SAR 149.0mn in Q3'22 as compared to impairment charges of SAR 53.6mn in Q2'22",
      "attrs": null,
      "subkind": "bullet",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "707c3c65-e94a-484c-b11c-787e68f61ef9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Cost of Risk: 9bps",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd951-a674-768f-a076-4479bddb4101",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.04,
        "w": 0.3,
        "x": 0.03,
        "y": 0.94
      },
      "kind": "source-note",
      "text": "Note: Scaling and some numbers might not add up due to rounding. Source: Financial statements, investor presentations, A&M analysis",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2d92199a-9047-4ff0-85aa-db56025d357c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.65,
        "x": 0.03,
        "y": 0.07
      },
      "kind": "title",
      "text": "Cost of risk declined due to reduction in impairment charges",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "c65316bf-68d5-4540-83a1-b7e223eefdbe",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [
    {
      "metricRaw": "Cost of Risk",
      "numberRaw": "9bps",
      "numberKind": "plain",
      "actionTitle": "Cost of risk declined due to reduction in impairment charges",
      "calloutText": "Cost of risk has decreased by 9bps QoQ due to a substantial drop in the aggregate impairment charges (-15.4% QoQ)",
      "numberScale": null,
      "numberValue": 9,
      "metricFamily": "cost_savings",
      "numberCurrency": null
    }
  ],
  "tools": [
    {
      "name": "Action Titles",
      "slug": "action-titles",
      "agent": "Architect",
      "layer": "slide",
      "matchId": "019dd95a-10d4-718b-9f5a-c0fd6a370ad1",
      "evidence": "'Cost of risk declined due to reduction in impairment charges'.",
      "confidence": 88
    },
    {
      "name": "Annotation",
      "slug": "annotation",
      "agent": "Designer",
      "layer": "slide",
      "matchId": "019dd95a-10d4-718b-9f5a-c49df3bca639",
      "evidence": "-9bps CoR and -15.4% impairment deltas labelled.",
      "confidence": 75
    }
  ],
  "frameworks": [
    {
      "name": "causal-chain",
      "slug": null,
      "matchId": "1635c7f8-3a37-4e41-bb24-b3ec83507e47",
      "evidence": "The slide explicitly links the reduction in impairment charges to the decline in cost of risk via a division operator icon.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 15,
      "from": 2,
      "beatId": "019dd95a-0682-776c-8e36-e558fe4b740c",
      "arcName": "The Triple Take",
      "arcSlug": "triple-take",
      "beatName": "The Facts (What)",
      "beatSlug": "triple-take-the-facts-what",
      "evidence": "Foreword + macro then KPI-by-KPI quarterly data tables and charts.",
      "position": 1,
      "confidence": 75,
      "parentBeatName": "Setup",
      "parentBeatSlug": "setup"
    },
    {
      "to": 15,
      "from": 4,
      "beatId": "019dd95a-0682-776c-8e36-f699df889704",
      "arcName": "The Mountain",
      "arcSlug": "mountain",
      "beatName": "Rising Action",
      "beatSlug": "mountain-rising-action",
      "evidence": "Sequential KPI improvements: NIM, C/I, asset quality, cost of risk.",
      "position": 2,
      "confidence": 55,
      "parentBeatName": "Development",
      "parentBeatSlug": "development"
    }
  ],
  "loops": [
    {
      "to": 15,
      "from": 13,
      "name": "Pattern Hunter",
      "slug": "02-pattern-hunter",
      "bestFor": "Time-pressed audiences, building consensus, when data is strong",
      "matchId": "019dd95a-07fe-70ce-8d3f-86547e13593c",
      "evidence": "Three slides (asset quality, CoR drivers, per-bank CoR) build evidence of improving risk.",
      "position": 5,
      "objective": "Stack NPL, CoR drivers, per-bank CoR to show credit health pattern",
      "structure": "Evidence A -> Evidence B -> Evidence C -> Pattern/Conclusion",
      "confidence": 75,
      "description": "Group multiple pieces of evidence that together point to a pattern or conclusion"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}