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HSBC BANK PLC
Report of the Directors: Risk (continued)
52
The bank
Banks
Customers
Individually
assessed
Individually
assessed
Collectively
assessed
Total
£m
£m
£m
£m
Impairment allowance at 1 January 2014
16
1,648
539
2,203
Amounts written off
(1)
(668)
(255)
(924)
Recoveries of loans and advances written off in previous years
–
13
130
143
Loan impairment charge
–
212
146
358
Exchange and other movements
(1)
14
(1)
12
At 31 December 2014
14
1,219
559
1,792
Impairment allowance on loans and advances
1,219
559
1,778
- personal
86
239
325
- corporate and commercial
1,035
299
1,334
- financial
98
21
119
as a percentage of gross loans and advances1
0.08%
0.60%
0.27%
0.81%
Impairment allowance at 1 January 2013
19
2,325
599
2,943
Amounts written off
(3)
(1,438)
(473)
(1,914)
Recoveries of loans and advances written off in previous years
–
32
331
363
Loan impairment charge
–
717
76
793
Exchange and other movements
–
12
6
18
At 31 December 2013
16
1,648
539
2,203
Impairment allowance on loans and advances
1,648
539
2,187
- personal
129
301
430
- corporate and commercial
1,362
235
1,597
- financial
157
3
160
as a percentage of gross loans and advances1
0.10%
0.75%
0.25%
0.93%
1 Net of reverse repo transactions, settlement accounts and stock borrowings.
Wholesale lending
Total wholesale lending
(Unaudited)
2014
2013
£m
£m
Corporate and commercial (A)
135,932
145,382
– manufacturing
25,271
33,826
– international trade and services
48,732
45,750
– commercial real estate
17,899
18,755
– other property-related
4,572
4,421
– government
1,452
2,020
– other commercial
38,006
40,610
143
Financial (non-bank financial institutions) (B)
16,730
22,537
Loans and advances to banks (C)
25,282
23,034
Gross loans at 31 December (D)
177,944
190,953
Impairment allowances on wholesale lending
Corporate and commercial (a)
(1,961)
(2,288)
– manufacturing
(305)
(371)
– international trade and services
(562)
(736)
– commercial real estate
(584)
(676)
– other property-related
(130)
(162)
– government
(2)
(1)
– other commercial
(378)
(342)
Financial (non-bank financial institutions) (b)
(142)
(207)
Loans and advances to banks (c)
(20)
(21)
Impairment allowances at 31 December (d)
(2,123)
(2,516)
(a) as a percentage of (A)
1.44%
1.57%
(b) as a percentage of (B)
0.85%
0.92%
(c) as a percentage of (C)
0.08%
0.09%
(d) as a percentage of (D)
1.19%
1.32%