ING Direct 2013 Annual Report Download - page 131

Notes to the consolidated annual accounts of ING Group continued
6 LOANS AND ADVANCES TO CUSTOMERS
Loans and advances to customers by banking and insurance operations
2013 2012
Banking operations 511,053 543,104
Insurance operations 25,360 25,866
536,413 568,970
Eliminations –4,750 –5,566
531,663 563,404
Loans and advances to customers by type – banking operations
Netherlands International Total
2013 2012 2013 2012 2013 2012
Loans to, or guaranteed by, public authorities 29,132 35,857 15,119 14,917 44,251 50,774
Loans secured by mortgages 144,161 160,098 147,764 152,369 291,925 312,467
Loans guaranteed by credit institutions 776 114 3,367 6,049 4,143 6,163
Personal lending 4,857 5,048 21,904 19,550 26,761 24,598
Asset backed securities 6,336 7,0 44 6,336 7,04 4
Corporate loans 43,868 42,891 99,904 104,644 143,772 147,535
222,794 244,008 294,394 304,573 517,188 548,581
Loan loss provisions –2,970 –2,445 –3,165 –3,032 –6,135 –5,477
219,824 241,563 291,229 301,541 511,053 543,104
Loans and advances to customers analysed by subordination – banking
operations
2013 2012
Non-subordinated 510,557 542,894
Subordinated 496 210
511,053 543,104
Reference is made to Note 51 ‘Transfer of financial assets’ for information on securities lending as well as sale and repurchase transactions.
Loans and advances to customers by type – insurance operations
Netherlands International Total
2013 2012 2013 2012 2013 2012
Policy loans 33 38 146 1,704 179 1,742
Loans secured by mortgages 15,364 6,376 9 7,327 15,373 13,703
Unsecured loans 2,498 2,113 70 1,231 2,568 3,344
Asset backed securities 6,479 6,323 6,479 6,323
Other 835 338 14 527 849 865
25,209 15,188 239 10,789 25,448 25,977
Loan loss provisions –83 –68 –5 –43 –88 –111
25,126 15,120 234 10,746 25,360 25,866
As at 31 December 2013, Loans and advances to customers includes receivables with regard to securities which have been acquired in
reverse repurchase transactions related to the banking operations amounting to EUR 810 million (2012: EUR 320 million).
No individual loan or advance has terms and conditions that significantly affect the amount, timing or certainty of the consolidated cash
flows of the Group. For details on significant concentrations see ‘Risk management’ section.
129ING Group Annual Report 2013
1 Who we are 2 Report of the Executive Board 3 Corporate governance 4 Consolidated annual accounts 5 Parent company annual accounts 6 Other information 7 Additional information