ING Direct 2015 Annual Report Download - page 187

Contents
Who we are
Report of the
Management
Board
Corporate
Governance
Consolidated
annual accounts
Parent company
annual accounts
Other
information
Additional
information
Notes to the Consolidated annual accounts of ING Bank - continued
The below tables show the values of different covers and the VTL split between performing and non-performing loans.
Cover type
Value to Loan
Out-
stan-
dings
Mort-
gages
Eligible
Financial
Colla-
teral
Other
CRR/CRD
IV eligible
Guaran-
tees
Non
CRR/CRD
IV eligible
No Cover
>0% -
25%
>25%-
50%
>50% -
75%
>75% -
<100% ≥ 100%
Performing
Residential Mortgages
(Private Individuals)
270,966
447,613
2,716
154
25,271
29,406
0.1%
0.1%
0.1%
1.5%
17.1%
81.1%
Residential Mortgages
(SME)
4,230
6,522
49
98
164
752
0.0%
0.6%
0.6%
1.5%
8.5%
88.8%
Other Consumer Lending
17,357
1,332
554
202
417
4,111
84.8%
0.3%
0.2%
0.3%
1.0%
13.3%
Total Performing
292,553
455,467
3,320
453
25,852
34,268
5.1%
0.1%
0.2%
1.4%
16.0%
77.1%
Non-performing
Residential Mortgages
(Private Individuals)
4,323 5,148 40 5 403 649 0.9% 0.3% 0.9% 7.4% 33.9% 56.6%
Residential Mortgages
(SME)
187 274 2 12 13 33 0.4% 0.2% 1.1% 1.5% 16.1% 80.7%
Other Consumer Lending
802
3
2
4
14
66
93.8%
0.3%
0.3%
0.4%
1.4%
3.8%
Total Non-performing
5,313
5,425
44
22
430
749
14.9%
0.3%
0.8%
6.2%
28.4%
49.5%
Total Consumer Lending
297,866
460,892
3,363
475
26,283
35,017
5.3%
0.1%
0.2%
1.5%
16.2%
76.7%
1 Including loans to ING Group.
2 Excluding intercompany positions.
Cover type
Value to Loan
Out-
stan-
dings
Mort-
gages
Eligible
Financial
Colla-
teral
Other
CRR/CRD
IV eligible
Guaran-
tees
Non
CRR/CRD
IV eligible
No Cover
>0% -
25%
>25%-
50%
>50% -
75%
>75% -
<100% ≥ 100%
Performing
Residential Mortgages
269,974
430,794
2,593
207
29,266
24,900
0.3%
0.1%
0.2%
1.6%
21.9%
75.9%
Other Consumer Lending
20,282
8,879
337
276
371
6,153
65.4%
0.3%
0.2%
0.5%
2.7%
30.8%
Total Performing
290,256
439,672
2,930
483
29,637
31,054
4.8%
0.1%
0.2%
1.5%
20.6%
72.7%
Non-performing
Residential Mortgages
5,307
5,849
43
9
583
457
2.9%
0.3%
1.0%
7.8%
40.0%
47.9%
Other Consumer Lending
887
334
3
20
21
118
70.9%
0.3%
0.4%
0.8%
4.8%
22.8%
Total Non-performing
6,195
6,183
46
30
604
574
12.7%
0.3%
0.9%
6.8%
35.0%
44.3%
Total Consumer Lending
296,451
445,855
2,976
512
30,240
31,628
5.0%
0.1%
0.2%
1.6%
20.9%
72.1%
1 Including loans to ING Group and NN Group.
2 Excluding intercompany positions.
The collateralization of the consumer lending portfolio continued to improve over the year 2015. The rise in collateralization levels is
due to improved housing prices, seen all over ING Bank mortgage markets and also in the main market - Netherlands, and due to
stringent policies due to which there has been a reduction in mortgages granted with low VTL’s (high loan-to-value’s).
House prices in the Netherlands continued to show an improvement in 2015. This helped to increase the total residential mortgages
cover values whilst overall mortgage outstandings remained stable. As the Netherlands is the biggest market for mortgages for ING
Bank, this had a significant impact on the coverage quality of the portfolio.
Cover values including guarantees received - Total ING Bank – 20151,2
Cover values including guarantees received - Total ING Bank – 20141,2
ING Bank Annual Report 2015 185