RBS 2007 Annual Report Download - page 75

Business review
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RBS Group • Annual Report and Accounts 2007
2007 2006 2005
Credit risk assets £bn £bn £bn
Corporate Markets
– Global Banking & Markets 330.2 233.4 206.5
– UK Corporate Banking 86.8 76.0 66.5
Retail Markets
– Retail 112.8 108.1 103.2
– Wealth Management 11.7 10.0 8.9
Ulster Bank 46.5 37.0 31.9
Citizens 71.8 67.5 74.5
RBS Insurance 9.0 7.2 6.7
668.8 539.2 498.2
ABN AMRO excluding minority interest 131.8 ——
800.6 539.2 498.2
ABN AMRO minority interest 206.0 ——
1,006.6 539.2 498.2
Excluding reverse repurchase agreements, credit risk assets as at 31 December 2007 were £1,006.6 billion (2006 – £539.2 billion),
an increase of £467.4 billion during the year of which £337.8 billion arose from the acquisition of ABN AMRO.
An analysis of reverse repurchase agreements is shown below.
2007 2006 2005
Reverse repurchase agreements £bn £bn £bn
Banks 67.6 54.2 41.8
Customers 79.1 62.9 48.9
RBS excluding ABN AMRO 146.7 117.1 90.7
ABN AMRO excluding minority interest 169.9 ——
316.6 117.1 90.7
ABN AMRO minority interest 1.7 ——
318.3 117.1 90.7
Reverse repurchase agreements as at 31 December 2007 were £318.3 billion (2006 – £117.1 billion), an increase of £201.2 billion of
which £171.6 billion arose from the acquisition of ABN AMRO.
Credit risk assets
Credit risk assets are an internal risk measure of the Group’s exposure to customers. These consist of loans and advances
(including overdraft facilities), instalment credit, finance lease receivables, debt securities and other traded instruments across all
customer types.