ING Direct 2015 Annual Report Download - page 254

Contents
Report of the
Executive Board
Corporate
Governance
Consolidated
annual accounts
Parent company
annual accounts
Other
information
Additional
information
Additional Pillar III information - continued
Institutions credit risk disclosure
This table presents the READ and RWA (excluding CVA RW), segmented by relevant factors for the exposure class ‘Institutions’.
READ
RWA
2015
2014
Delta %
2015
2014
Delta %
Institutions
Total per rating
107,372
113,407
–5.3%
20,683
25,743
–20%
Performing
107,018
112,683
–5.0%
20,477
25,474
–20%
Non-performing
354
724
–51.1%
206
270
–24%
Institutions
Geography/business units
107,372
113,407
–5.3%
20,683
25,743
–20%
Africa
435
634
–31.3%
515
653
–21%
America
17,701
16,562
6.9%
3,249
3,592
–10%
Asia
12,274
14,418
–14.9%
2,878
3,950
–27%
Australia
1,495
1,789
–16.5%
216
280
–23%
Europe
75,467
80,003
–5.7%
13,825
17,269
–20%
Institutions
Europe
75,466
80,003
–5.7%
13,827
17,269
–20%
Netherlands
7,845
8,214
–4.5%
1,775
2,489
–29%
Belgium
8,601
8,907
–3.4%
1,667
1,570
6%
Germany
3,259
8,737
–62.7%
430
743
–42%
Other Europe
55,761
54,144
3.0%
9,955
12,467
–20%
Institutions
Product Type
107,372
113,407
–5.3%
20,683
25,743
–20%
Derivatives
32,056
32,851
–2.4%
5,372
5,873
–9%
Bond Investments
18,645
20,165
–7.5%
1,623
2,112
–23%
Revolving
18,144
14,953
21.3%
4,575
4,724
–3%
Money Market
13,113
12,637
3.8%
1,387
1,895
–27%
Term Loans
13,794
12,476
10.6%
4,200
3,879
8%
Other
11,620
20,325
–42.8%
3,526
7,261
–51%
Institutions
PD Bands
107,372
113,407
–5.3%
20,683
25,743
–20%
<0.05%
17,386
19,681
–11.7%
2,346
2,422
–3%
0.05% to 0.5%
84,313
86,446
–2.5%
15,366
19,459
–21%
0.5% to 5%
4,987
6,236
–20.0%
2,393
2,948
–19%
5% to 10%
91
69
32.6%
67
99
–32%
10% to 20%
137
222
–38.2%
262
521
–50%
20% to 50%
104
30
247.7%
43
25
73%
more than 50%
354
724
–51.1%
206
270
–24%
Institutions
LGD Bands
107,372
113,407
–5.3%
20,683
25,743
–20%
<0.10%
26,663
28,219
–5.5%
1,534
1,622
–5%
10% to 20%
9,584
8,179
17.2%
1,346
1,132
19%
20% to 30%
6,012
4,400
36.6%
1,372
1,148
19%
30% to 40%
55,942
63,204
–11.5%
11,057
15,241
–27%
40% to 50%
276
206
34.3%
195
170
15%
50% to 60%
5,147
5,473
–6%
3,037
3,658
–17%
more than 60%
3,748
3,727
0.6%
2,142
2,773
–23%
Includes both AIRB and SA portfolios; excludes equities, CVA RWA and ONCOA.
The Institutions portfolio decreased by EUR 6.0 billion and consequently declined RWA by EUR 5.1 billion. The RWA reduction was
mainly the result of a released internal guarantee for the funding of NN Bank, the reduced exposure and risk weight of the Default
Fund Contribution to Central Clearing Parties and decreased exposure to Greece and Russian banks. The Bond Investments portfolio
declined as a result of maturing Cedula investments. The appreciation of the US Dollar against the Euro resulted in an increase in READ
and RWA of respectively EUR 3.9 billion and EUR 1.2 billion. The increase in the 'more than 60%' LGD bucket was driven by increased
short-term nostro exposure.
Institutions – credit risk disclosure in READ and RWA
ING Bank Annual Report 2015 252