ING Direct 2015 Annual Report Download - page 59

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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
6 Loans and advances to customers
Netherlands
International
Total
2015
2014
2015
20141
2015
2014
Loans to, or guaranteed by, public authorities
30,246
26,504
18,214
18,894
48,460
45,398
Loans secured by mortgages1
125,513
138,438
171,593
161,007
297,106
299,445
Loans guaranteed by credit institutions
156
2
191
1,995
347
1,997
Personal lending1
5,070
4,852
17,041
16,096
22,111
20,948
Asset backed securities
4,936
5,318
4,936
5,318
Corporate loans1
41,848
39,655
127,507
111,347
169,355
151,002
202,833
209,451
339,482
314,657
542,315
524,108
Loan loss provisions
–2,900
–3,058
–2,872
–2,931
–5,772
–5,989
199,933
206,393
336,610
311,726
536,543
518,119
1 In 2015, Loans and advances to customers by type - International as at 31 December 2014, are adjusted. In 2015, it became apparent that a portion of loans
previously reported as Personal lending and Corporate loans of EUR 7.4 billion and EUR 4.2 billion respectively should have been reported a Loans secured by
mortgages. Loans secured by mortgages, as at 31 December 2014, is EUR 11.6 billion higher from EUR 287.8 billion to EUR 299.4 billion.
As at 31 December 2015, Loans and advances to customers includes receivables with regard to securities which have been acquired in
reverse repurchase transactions amounting to EUR 418 million (2014: EUR 1,779 million).
Reference is made to Note 41 ‘Transfer of financial assets’ for information on securities lending as well as sale and repurchase
transactions.
2015
2014
Non-subordinated
536,069
517,590
Subordinated
474
529
536,543
518,119
No individual loan or advance has terms and conditions that significantly affect the amount, timing or certainty of the consolidated
cash flows of ING Bank. For details on significant concentrations, refer to the section ‘Risk management – Credit risk’.
Loans and advances to customers analysed by type
Loans and advances to customers analysed by subordination
ING Bank Annual Report 2015 57