Barclays 2013 Annual Report Download - page 176

Risk review
Credit risk continued
PCRLs and coverage ratios
CRLs PPLs PCRLs
As at 31 December 2013
£m
2012
£m
2013
£m
2012
£m
2013
£m
2012
£m
Investment Bank 753 768 173 327 926 1,095
Corporate Banking 3,694 4,232 718 624 4,412 4,856
Wealth and Investment Management 704 603 159 74 863 677
Africa RBB 580 681 50 77 630 758
Head Office and Other Functions – 19 – – – 19
Total wholesale 5,731 6,303 1,100 1,102 6,831 7,405
Impairment allowance CRL coverage PCRL coverage
As at 31 December 2013
£m
2012
£m
2013
£m
2012
£m
2013
£m
2012
£m
Investment Bank 468 586 62.2 76.3 50.5 53.5
Corporate Banking 1,991 2,171 53.9 51.3 45.1 44.7
Wealth and Investment Management 192 141 27.3 23.4 22.2 20.8
Africa RBB 235 250 40.5 36.7 37.3 33.0
Head Office and Other Functions – 16 – 84.2 – 84.2
Total wholesale 2,886 3,164 50.4 50.2 42.2 42.7
CRL balances decreased 9% to £5,731m primarily due to Corporate Banking where lower balances principally reflected a reduction in Europe,
most notably Spain, following write-offs and a debt sale. This decrease was partially offset by a higher balance in Wealth and Investment
Management, principally reflecting the inclusion of balances against two individual names. The CRL coverage ratio increased to 50.4%
(2012: 50.2%).
Analysis of Investment Bank wholesale loans and advances at amortised cost
As at 31 December 2013
Gross
L&A
£m
Impairment
allowance
£m
L&A net of
impairment
£m
Credit risk
loans
£m
CRLs % of
gross L&A
%
Loan
impairment
charges
£m
Loan loss
rates
bps
Loans and advances to banks
Interbank lending 11,975 10 11,965 18 0.2 – –
Cash collateral and settlement balances 19,892 – 19,892 – – – –
Loans and advances to customers
Corporate lending 27,503 85 27,418 137 0.5 19 7
Government lending 1,149 – 1,149 – – – –
Other wholesale lending 12,380 373 12,007 598 4.8 190 153
Cash collateral and settlement balances 71,413 – 71,413 – – – –
Total 144,312 468 143,844 753 0.5 209 14
As at 31 December 2012
Loans and advances to banks
Interbank lending 13,763 41 13,722 51 0.4 41 30
Cash collateral and settlement balances 23,350 – 23,350 – – – –
Loans and advances to customers
Corporate lending 29,546 205 29,341 349 1.2 160 54
Government lending 1,369 – 1,369 – – – –
Other wholesale lending 14,349 340 14,009 368 2.6 (9) (6)
Cash collateral and settlement balances 61,766 – 61,766 – – – –
Total 144,143 586 143,557 768 0.5 192 13
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174 Barclays PLC Annual Report 2013