ING Direct 2015 Annual Report Download - page 190

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
Business Lending per region
Cover type
Value to Loan
Region
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%
Africa
1,898
21
123
620
1,338
793
25.98%
6.63%
7.07%
14.65%
21.95%
23.73%
America
35,127
4,836
4,567
19,050
11,990
23,815
28.29%
5.92%
6.89%
9.76%
10.92%
38.24%
Asia
37,439
1,004
1,174
10,593
15,841
8,321
46.47%
5.92%
5.45%
8.67%
6.35%
27.13%
Australia
3,925
3,225
74
861
592
954
12.69%
18.84%
5.46%
3.62%
8.92%
50.46%
Europe
Belgium
41,378
29,161
1,405
6,348
17,227
30,063
29.62%
2.30%
2.58%
4.62%
6.95%
53.94%
Germany
8,365
1,651
314
602
1,273
2,535
56.00%
1.65%
1.70%
4.31%
2.55%
33.80%
Netherlands
71,146
45,085
3,092
24,330
6,865
14,251
35.82%
2.32%
3.31%
10.69%
17.86%
29.99%
Rest of Europe
96,710
34,599
5,987
19,324
35,032
49,612
39.34%
6.38%
5.58%
5.93%
8.33%
34.44%
Total Business Lending
295,987
119,583
16,736
81,729
90,158
130,344
36.76%
4.75%
4.65%
7.67%
10.41%
35.75%
of which Non-performing
9,841
5,171
287
2,993
3,521
4,180
24.24%
2.87%
8.07%
15.80%
16.24%
32.79%
1 Including loans to ING Group.
2 Excluding intercompany positions.
Cover type
Value to Loan
Region
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%
Africa
2,221
24
177
822
1,010
717
21.1%
2.8%
24.7%
6.4%
23.9%
21.0%
America
28,163
3,369
6,763
19,588
5,353
19,484
25.8%
3.8%
6.3%
9.2%
16.1%
38.8%
Asia
32,416
907
1,381
8,265
9,308
6,553
46.5%
8.1%
4.3%
10.0%
6.8%
24.3%
Australia
3,447
2,531
148
1,470
583
546
17.6%
15.6%
1.6%
2.5%
8.7%
54.1%
Europe
Belgium
41,189
28,369
1,249
6,513
10,882
22,251
33.5%
2.2%
3.1%
4.3%
6.5%
50.3%
Germany
8,599
1,766
166
392
597
1,552
66.9%
2.5%
3.5%
2.8%
2.2%
22.1%
Netherlands
62,063
46,710
2,681
24,917
6,820
14,695
23.6%
2.9%
5.6%
15.9%
20.7%
31.3%
Rest of Europe
84,318
29,143
5,114
21,950
22,283
44,864
36.5%
5.4%
6.5%
6.8%
8.4%
36.4%
Total Business Lending
262,415
112,817
17,680
83,916
56,835
110,661
33.7%
4.5%
5.5%
9.0%
11.6%
35.8%
of which Non-performing
10,584
6,067
446
3,120
3,216
3,852
25.2%
3.3%
8.2%
13.9%
15.5%
33.9%
1 Including loans to ING Group and NN Group.
2 Excluding intercompany positions.
The two tables above provide the collateralisation of the ING Bank’s Business Lending portfolio with a breakdown per geographical
region or main market, which are defined based on the residence of the borrowers. The total increase in the business lending portfolio
is in line with the increase in covers. The increase in collateralisation is observed in most regions and main countries. The largest
increases in Rest of Europe were seen in Turkey, Luxembourg, France, Switzerland and Poland, where the increase in covers exceeded
the increase in exposure. Although the exposure in Africa and Germany decreased the cover value showed an improvement.
Cover values including guarantees received - Business Lending Portfolio – 20151,2
Cover values including guarantees received - Business Lending Portfolio – 20141,2
ING Bank Annual Report 2015 188