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      "text": "Refer to Note 20b for more information regarding changes to ECL model, scenarios, scenario weights and the post-model adjustment and to Note 20c for more information regarding the development of ECL allowances and provisions",
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      "text": "Total net credit loss releases were USD 148 million in 2021, reflecting net credit loss releases of USD 123 million related to stage 1 and 2 positions and USD 25 million net credit loss releases related to credit-impaired (stage 3) positions.",
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      "text": "Stage 1 and 2 net releases of USD 123 million included a USD 68 million partial net release of a post-model adjustment, due to the continued positive trend in macroeconomic scenario input data during the year, a USD 45 million net release and methodology changes and a residual USD 10 million net release from remeasurements within the loan book, derecognized transactions, partially offset by expenses from new transactions.",
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