HSBC 2012 Annual Report Download - page 149

147
Overview Operating & Financial Review Corporate Governance Financial Statements Shareholder Information
Personal lending
(Unaudited)
We provide a broad range of secured and unsecured
personal lending products to meet customer needs.
Given the diverse nature of the markets in which
we operate, the range is not standard across
all countries but is tailored to meet the demands
of individual markets.
Personal lending includes advances to customers
for asset purchases, such as residential property,
where the loans are typically secured by the assets
being acquired. We also offer loans secured on
existing assets, such as first and second liens on
residential property; unsecured lending products
such as overdrafts, credit cards and payroll loans;
and debt consolidation loans which may be secured
or unsecured.
Total personal lending
(Unaudited)
UK
Rest of
Europe
Hong
Kong
US4
Rest of
North
America
Other
regions5 Total
US$m US$m US$m US$m US$m US$m US$m
At 31 December 2012
First lien residential mortgages ............ 127,024 8,148 52,296 49,417 20,716 44,261 301,862
Other personal lending ......................... 23,446 27,656 18,045 7,382 6,839 29,863 113,231
– motor vehicle finance .................... –24 – – 20 3,871 3,915
– credit cards .................................... 11,369 3,060 5,930 821 735 8,881 30,796
– second lien residential mortgages . 508 – – 5,959 363 131 6,961
– other ............................................... 11,569 24,572 12,115 602 5,721 16,980 71,559
Total personal lending (A) .................... 150,470 35,804 70,341 56,799 27,555 74,124 415,093
Impairment allowances on personal
lending
First lien residential mortgages ........ (425) (64) (4) (4,133) (30) (249) (4,905)
Other personal lending ..................... (576) (401) (57) (590) (94) (1,589) (3,307)
– motor vehicle finance .................... –(4) – – (1) (144) (149)
– credit cards .................................... (150) (184) (28) (40) (14) (385) (801)
– second lien residential mortgages . (44) – – (542) (6) – (592)
– other ............................................... (382) (213) (29) (8) (73) (1,060) (1,765)
Total ...................................................... (1,001) (465) (61) (4,723) (124) (1,838) (8,212)
– as a percentage of A ............................ 0.7% 1.3% 0.1% 8.3% 0.5% 2.5% 2.0%
At 31 December 2011
First lien residential mortgages ............ 111,224 8,678 46,817 52,484 20,794 38,966 278,963
Other personal lending ......................... 22,218 24,027 16,364 14,087 7,971 29,995 114,662
– motor vehicle finance .................... – 24 – 20 29 4,494 4,567
– credit cards .................................... 11,279 2,192 5,304 833 1,262 8,618 29,488
– second lien residential mortgages . 694 – – 7,063 468 233 8,458
– other ............................................... 10,245 21,811 11,060 6,171 6,212 16,650 72,149
Total personal lending (B) .................... 133,442 32,705 63,181 66,571 28,765 68,961 393,625
Impairment allowances on personal
lending
First lien residential mortgages ........ (383) (58) (12) (4,551) (27) (290) (5,321)
Other personal lending ..................... (745) (366) (52) (1,659) (109) (1,508) (4,439)
– motor vehicle finance .................... – (4) – – – (164) (168)
– credit cards .................................... (177) (148) (22) (46) (35) (406) (834)
– second lien residential mortgages . (42) (1) – (740) (9) – (792)
– other ............................................... (526) (213) (30) (873) (65) (938) (2645)
Total ...................................................... (1,128) (424) (64) (6,210) (136) (1,798) (9,760)
– as a percentage of B ............................ 0.8% 1.3% 0.1% 9.3% 0.5% 2.6% 2.5%
For footnotes, see page 249.