Barclays 2011 Annual Report Download - page 111

Other credit risk assets (audited)
Other assets subject to credit risk included:
– cash and balances at central banks of £106,894m (2010: £97,630m) on which there is a reduced level of credit risk;
– items in the course of collection from other banks were £1,812m (2010: £1,384m), on which there is a reduced credit risk in light of the banking
industry clearing system; and
– other financial assets of £2,620m (2010: £2,824m).
Off-balance sheet
The Group applies fundamentally the same risk management policies for off-balance sheet risks as it does for its on-balance sheet risks.
In the case of commitments to lend, customers and counterparties will be subject to the same credit management policies as for loans and advances.
Collateral may be sought depending on the strength of the counterparty and the nature of the transaction.
Risk features in the portfolio
Risk features in the portfolio are business activities that are considered to be higher risk than the Group’s normal activities and are subject to a higher
level of scrutiny in our management of credit risk. As at 31 December 2011 these items comprised:
– Barclays Capital credit market exposures; and
– Group exposures to selected Eurozone countries.
Barclays PLC Annual Report 2011 www.barclays.com/annualreport 109
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