RBS 2011 Annual Report Download - page 156

154 RBS Group 2011
Risk management: Credit risk continued
Key credit portfolios* continued
Retail assets
The Group’s retail lending portfolio includes mortgages, credit cards, unsecured loans, auto finance and overdrafts. The majority of personal lending
exposures are in the UK, Ireland and the US. The analysis below includes both Core and Non-Core balances.
Personal credit loans and receivables 2011
£m
2010
£m
2009
£m
UK Retail
- mortgages 96,388 92,592 85,529
- cards, loans and overdrafts 16,004 18,072 20,316
Ulster Bank
- mortgages 20,020 21,162 22,304
- other personal 1,533 1,017 1,172
Citizens
- mortgages 23,829 24,575 26,534
- auto and cards 5,731 6,062 6,917
- other (1) 2,111 3,455 4,205
Other (2) 17,545 18,123 16,827
183,161 185,058 183,804
Notes:
(1) Mainly student loans and loans secured by recreational vehicles or marine vessels.
(2) Personal exposures in other divisions.
Residential mortgages
The tables below detail the distribution of residential mortgages by indexed LTV. LTV averages are calculated by transaction volume and transaction
value. Refer to the section on Ulster Bank Group on page 159 for analysis of residential mortgages.
UK Retail Citizens
LTV distribution calculated on a volume basis 2011
%
2010
%
2009
%
2011
%
2010
%
2009
%
<= 70% 62.1 61.6 60.2 43.5 43.4 43.6
>70% and <= 90% 27.1 26.2 24.5 26.9 27.6 26.8
>90% and <= 110% 9.4 10.4 12.5 16.7 17.2 18.0
> 110% and <= 130% 1.4 1.7 2.7 6.9 6.0 5.4
> 130% — 0.1 0.1 6.0 5.8 6.2
Total portfolio average LTV at 31 December 57.8 58.2 59.1 73.8 75.3 74.5
Average LTV on new originations during the year 58.4 64.2 67.2 63.8 64.8 62.6
LTV distribution calculated on a value basis 2011
£m
2010
£m
2009
£m
2011
£m
2010
£m
2009
£m
<= 70% 47,811 44,522 37,666 9,669 10,375 11,675
>70% and <= 90% 34,410 32,299 28,280 7,011 7,196 7,440
>90% and <= 110% 11,800 12,660 15,112 3,947 4,080 4,569
> 110% and <= 130% 1,713 1,924 3,104 1,580 1,488 1,486
> 130% 74 73 86 1,263 1,252 1,540
Total portfolio average LTV at 31 December 67.2% 68.1% 70.4% 75.9% 75.4% 74.7%
Average LTV on new originations during the year 63.0% 68.0% 70.3% 65.8% 65.3% 64.4%
*unaudited
Business review Risk and balance sheet management continued