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Inhoudsopgave Voorwoord Bestuursverslag Corporate governance Consolidated Financial Statements Company Financial Statements Pillar 3
Past duenon-performingimpaired loans and loan impairment allowances
Past due loans
Non-performing of which:
loans impaired loans
Collateral received on
non-performing loans
Allowance
Allowance as of non-
performing loans
Domestic Retail
3,382
8,185 7,004
5,239
3,246
40
Wholesale, Rural Retail
3,490
6,421 6,119
3,405
3,089
48
Leasing
1,845
575 575
507
318
55
Real Estate
238
3,350 2,950
1,903
874
26
Other
15
Total
8,954
18,530 16,648
11,054
7,542
41
Past due and gross impaired loans by geographical area
Past due
Impaired
loans
Netherlands
3,937
44
11,364
68
Other European countries
959
11
2,551
15
North America
3,750
42
1,031
6
Latin America
98
1
611
4
Asia
44
679
4
Australia
167
2
412
3
Total
8,954
100
16,648
100
Loan impairment allowance
Allowance at
1 January 2016
Write-down
Additional value
adjustments
Reversal of value
adjustments
Other
Allowance at
31 December 2016
Domestic retail banking
3,963
(932)
1,055
(962)
123
3,246
Wholesale banking and international retail banking
2,962
(203)
647
(347)
30
3,089
Leasing
344
(165)
253
(108)
(6)
318
Real estate
1,175
(240)
131
(204)
13
874
Other
33
(7)
18
(14)
(15)
15
Total
8,478
(1,548)
2,103
(1,636)
145
7,542
EDTF28 Table 24: Past due, non performing, impaired loans
and loan impairment allowances.
In the CRR definition all Rabobank loan impairment charges are
labelled specific.
On December 2016, the value of non-performing loans
was EUR 18,530 (19,503).This represents a coverage of
40.7% (43.5%) if the allowance is related to the non-performing
loans. On 31 December 2016, the non-performing loans as
a percentage of the private loan portfolio stood at 4.4% (4.6%).
Table 25: Past due and gross impaired loans by
geographical area.
Table 26: Loan impairment allowance.
Recoveries after write-downs, recorded directly to the income
statement, amounted to EUR 157 million in 2016.
The loan impairment charges are formed by the net
addition (EUR 2,103 million minus EUR 1,636 million) minus
recoveries after write-offs (EUR 157 million), and amounted to
EUR 310 million.
In 2016 loan impairment charges were at a lower level
compared to 2015, especially for the Dutch portfolio. This is
mainly a result of by the recovery of the economy which leads
to a limited number of new defaults, as well as recovery of
existing defaults and adequate allowances for existing impaired
clients.
335 6. Credit Risk