RBS 2011 Annual Report Download - page 214

212 RBS Group 2011
Risk management: Country risk continued
Lending
Central
and local
government
Central
banks
Other
banks
Other
financial
institutions Corporate Personal
Total
lending
Of which
Non-Core
Debt
securities
Derivatives
(gross of
collateral)
and repos
Balance
sheet
exposures
Contingent
liabilities and
commitments Total
CDS
notional
less fair
value
2010 £m £m £m £m £m £m £m £m £m £m £m £m £m £m
Eurozone
Ireland 61 2,119 87 813 19,886 20,228 43,194 10,758 1,323 2,940 47,457 4,316 51,773 (32)
Spain 19 5 166 92 6,991 407 7,680 4,538 7,107 2,047 16,834 3,061 19,895 (964)
Italy 45 78 668 418 2,483 27 3,719 1,901 3,836 2,032 9,587 3,853 13,440 (838)
Greece 14 36 18 31 191 16 306 130 974 227 1,507 164 1,671 182
Portugal 86 — 63 — 611 6 766 316 242 394 1,402 734 2,136 41
Germany —10,894 1,060 422 7,519 162 20,057 6,471 14,747 15,266 50,070 8,917 58,987 (1,551)
Netherlands 914 6,484 554 1,801 6,170 81 16,004 3,205 12,523 9,058 37,585 18,141 55,726 (1,530)
France 511 3 1,095 470 4,376 102 6,557 2,787 14,041 8,607 29,205 11,640 40,845 (1,925)
Luxembourg —25 26 734 2,503 3 3,291 1,517 378 2,545 6,214 2,383 8,597 (532)
Belgium 102 14 441 32 893 327 1,809 501 803 2,238 4,850 1,492 6,342 57
Other 124 1 142 119 1,505 24 1,915 332 535 1,370 3,820 2,037 5,857 (82)
Total 1,876 19,659 4,320 4,932 53,128 21,383 105,298 32,456 56,509 46,724 208,531 56,738 265,269 (7,174)
Other countries
India — — 1,307 307 2,665 273 4,552 653 1,686 178 6,416 1,281 7,697 (195)
China 17 298 1,223 16 753 64 2,371 236 573 252 3,196 1,589 4,785 (117)
South Korea —276 1,033 5 558 2 1,874 53 1,353 493 3,720 1,143 4,863 (159)
Turkey 282 68 448 37 1,386 12 2,233 692 550 111 2,894 686 3,580 (91)
Russia —110 244 7 1,181 58 1,600 125 124 51 1,775 596 2,371 (134)
Brazil — — 825 — 315 5 1,145 120 687 15 1,847 190 2,037 (369)
Romania 36 178 21 21 426 446 1,128 1,123 310 8 1,446 319 1,765 23
Mexico — 8 149 — 999 1 1,157 303 144 122 1,423 840 2,263 84
Poland —168 7 7 655 6 843 108 271 69 1,183 1,020 2,203 (94)
*unaudited
Business review Risk and balance sheet management continued