HSBC 2015 Annual Report Download - page 142

Report of the Directors: Risk (continued)
Credit risk
HSBC HOLDINGS PLC
140
Other corporate, commercial and financial (non-bank) loans
are analysed separately below. For financing activities in
other corporate and commercial lending, collateral value is
not strongly correlated to principal repayment performance.
Collateral values are generally refreshed when an obligor’s
general credit performance deteriorates and we have to
assess the likely performance of secondary sources of
repayment should it prove necessary to rely on them.
Accordingly, the table below reports values only for
customers with CRR 8 to 10, recognising that these
loans and advances generally have valuations which
are comparatively recent.
Other corporate, commercial and non-bank financial institutions loans and advances including loan commitments by level of
collateral rated CRR/EL 8 to 10 only
(Audited)
Europe Asia MENA
North
America
Latin
America Total
$m $m $m $m $m $m
Rated CRR/EL 8
Not collateralised 1,618 164 36 609 102 2,529
Fully collateralised 434 41
–
454 1 930
LTV ratio:
–
less than 50% 65 13
–
95 1 174
–
51% to 75% 337 8
–
85
–
430
–
76% to 90% 28 18
–
168
–
214
–
91% to 100% 4 2
–
106
–
112
Partially collateralised (A) 109 47 1179
–
336
–
collateral value on A 73 17
–
58
–
148
2,161 252 37 1,242 103 3,795
Rated CRR/EL 9 to 10
Not collateralised 2,850 889 814 80 244 4,877
Fully collateralised 824 440 188 323 78 1,853
LTV ratio:
–
less than 50% 283 94 46 47 44 514
–
51% to 75% 346 149 347 8 553
–
76% to 90% 96 74 25 27 9 231
–
91% to 100% 99 123 114 202 17 555
Partially collateralised (B) 1,702 506 441 423 7 3,079
–
collateral value on B 795 236 55 283 5 1,374
5,376 1,835 1,443 826 329 9,809
At 31 December 2015 7,537 2,087 1,480 2,068 432 13,604
Rated CRR/EL 8
Not collateralised 2,051 237 15 320 227 2,850
Fully collateralised 629 56 72 331 11 1,099
LTV ratio:
–
less than 50% 120 13
–
186 5 324
–
51% to 75% 293
–
–
72 6 371
–
76% to 90% 51 9 69 46
–
175
–
91% to 100% 165 34 3 27
–
229
Partially collateralised (C) 105 44 1 148 6 304
–
collateral value on C 46 17 1 68 4 136
68
2,785 337 88 799 244 4,253
Rated CRR/EL 9 to 10
Not collateralised 4,185 939 813 62 1,420 7,419
Fully collateralised 615 143 147 231 124 1,260
LTV ratio:
–
less than 50% 169 68 25 48 48 358
–
51% to 75% 136 27 19 39 35 256
–
76% to 90% 168 16 6 35 26 251
–
91% to 100% 142 32 97 109 15 395
Partially collateralised (D) 624 364 547 251 140 1,926
–
collateral value on D 341 169 92 141 46 789
5,424 1,446 1,507 544 1,684 10,605
At 31 December 2014 8,209 1,783 1,595 1,343 1,928 14,858