Citibank 2015 Annual Report Download - page 93

75
Consumer Loan Net Credit Losses and Ratios
Average
loans (1) Net credit losses (2)(3)
In millions of dollars, except average loan amounts in billions 2015 2015 2014 2013
Citicorp
Total $281.3 $6,029 $ 6,860 $ 7,017
Ratio 2.14% 2.36% 2.52%
Retail banking
Total $148.1 $1,241 $ 1,366 $ 1,274
Ratio 0.84% 0.90% 0.89%
North America 49.5 152 143 186
Ratio 0.31% 0.31% 0.44%
Latin America 25.0 764 907 816
Ratio 3.06% 3.20% 2.90%
Asia (4) 73.6 325 316 272
Ratio 0.44% 0.41% 0.38%
Cards
Total $133.2 $4,788 $ 5,494 $ 5,743
Ratio 3.59% 3.96% 4.26%
North America—Citi-branded 64.0 1,892 2,197 2,555
Ratio 2.96% 3.31% 3.72%
North America—Retail services 43.4 1,709 1,866 1,895
Ratio 3.94% 4.32% 4.92%
Latin America 8.2 785 954 794
Ratio 9.57% 9.54% 9.57%
Asia (4) 17.6 402 477 499
Ratio 2.28% 2.51% 2.57%
Citi Holdings (3)
Total $ 61.6 $1,035 $ 1,819 $ 3,239
Ratio 1.68% 2.01% 2.98%
International 5.0 173 261 411
Ratio 3.46% 2.21% 2.91%
North America 56.6 862 1,558 2,828
Ratio 1.52% 1.97% 2.99%
Other (5) — 4 6 6
Total Citigroup $342.9 $7,068 $ 8,685 $10,262
Ratio 2.06% 2.28% 2.64%
(1) Average loans include interest and fees on credit cards.
(2) The ratios of net credit losses are calculated based on average loans, net of unearned income.
(3) As a result of the entry into an agreement to sell OneMain Financial (OneMain), OneMain was classified as held-for-sale (HFS) beginning March 31, 2015. As a result of HFS accounting treatment, approximately
$350 million of net credit losses (NCLs) were recorded as a reduction in revenue (Other revenue) during 2015. Accordingly, these NCLs are not included in this table. Loans HFS are excluded from this table as they
are recorded in Other assets.
(4) For reporting purposes, Asia GCB includes the results of operations of EMEA GCB for all periods presented.
(5) Represents NCLs on loans classified as Consumer loans on the Consolidated Balance Sheet that are not included in the Citi Holdings consumer credit metrics.