Compared to the previous quarter, the net source of revenue increased by $1720 million with superior effects on capital markets, non-public and advertising banking and wealth management, adding declining provisions (the total PCL decreased to $2155 million compared to the last quarter) due to having an effect on the start of COVID. The supply pandemic was reflected in the last quarter. The greater effects of insurance also contributed to the increase. These points were partially offset by the decrease in facilities for investors and the effects of the flow of money.
The overall PCL loan index is 40 bp, 125 bp less than the previous quarter. The PCL index on bad loans of 23 foundation issues declined across 14 foundation issues compared to the previous quarter, largely due to declining provisions in capital markets and non-public and advertising banking. Our capital position remained strong, with a Level 1 (CET1) ordinary capital index of 12.0%, an increase of 30 bp compared to the previous quarter. We also had an average liquidity policy index (LCR) of 154%.