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-
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Inhoudsopgave Voorwoord Bestuursverslag Corporate governance Consolidated Financial Statements Company Financial Statements Pillar 3
Table 27: Overview of loan impairment charges (LIC) of clients.
Overview of loan impairment charges (LIC) of clients
LIC of clients
2016
2015
2014
2013
2012
2011
(amounts)
(bps)
(bps)
(bps)
(bps)
(bps)
(bps)
Domestic retail banking
25
1
12
48
45
44
22
Wholesale banking and international retail banking
255
26
53
44
57
59
73
Leasing
101
30
25
43
59
53
58
Real estate
(75)
(54)
56
364
278
124
69
Other
4
n/a
n/a
n/a
n/a
n/a
n/a
Total loan impairment charges
310
7
24
60
59
52
37
6.2.3 Forbearance
edtf27 Rabobank has been monitoring its forbearance
portfolio. The forbearance portfolio consists of
Rabobank customers for whom forbearance measures have
been putin place. The measures under that name comprise
concessions to debtors facing or about to face difficulties in
meeting their financial commitments. A concession refers to
either of the following measures:
Modification of the previous terms and conditions of
a contract for which the debtor is considered unable to
comply with due to its financial difficulties (i.e. troubled
debts) to allow for sufficient debt service ability that would
not have been granted had the debtor not been in financial
difficulties.
Total or partial refinancing of a troubled loan contract that
would not have been granted if the debtor had not been in
financial difficulties.
Examples include postponements of repayments and
extensions of the term of a facility. The rationale for the focus
on this portfolio derives from the concerns of the European
supervisory authorities about the deterioration of the quality
of the portfolio during the crisis; it was feared that forbearance
measures might camouflage this deterioration of the portfolio
as debtors are able to meet their financial obligations for longer
periods as a result of the concessions.
The identification of forbearance measures for the
corporate portfolio is based on the current Loan Quality
Classification (LQC) framework. This Rabobank framework
divides the loan portfolio into the categories: Good, OLEM,
Substandard, Doubtful and Loss.The three categories
Substandard, Doubtful and Loss form the classified
portfolio. Forbearance measures only apply to this classified
portfolio. If forbearance measures are applied to a debtor,
the debtor is by definition dealt with by the Special Asset
Management department. Items in the forbearance category
must be reported and monitored for up to two years after
recovery. This period of two years is referred to as 'Forborne
under probation'.
EDTF28 Table 28: Forborne assets.
Forborne assets
Private
sector loan
portfolio
Forborne
assets (gross
carrying
amount)
Performing
forborne
assets
Of which (a):
instruments with
modifications
in the terms and
conditions
Of which
(b):
refinancing
Non-
performing
forborne
assets
Of which (a):
instruments with
modifications
in the terms and
conditions
Of which
(b):
refinancing
Loan impairment
allowance on
non-performing
forborne assets
Domestic retail banking
275,770
8,446
4,138
4,038
100
4,308
4,038
270
1,443
Wholesale banking and
international retail banking
105,192
4,360
1,012
432
580
3,348
2,553
795
1,277
Leasing
31,772
269
110
104
6
159
93
66
44
Real estate
11,332
1,827
132
90
42
1,695
1,684
12
592
Other
484
Rabobank Group
424,551
14,902
5,392
4,663
728
9,510
8,367
1,143
3,357
336 Rabobank Jaarverslag 2016