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2014 ANNUAL REPORT
21 Risk management
(continued)
21.2 Credit risk
(continued)
21.2.2 Risk concentrations of the maximum exposure to credit risk
(continued)
ii) Industry sectors
The following table breaks down the Group’s maximum credit exposure as categorised by the industry sectors of its
counterparties:
2014
2013
Government and Central Government Bodies
18,062,055
17,336,111
Financial sector
9,959,108
10,611,082
Energy and mining
485,363
457,175
Agriculture
288,360
324,794
Electricity and water
438,235
488,546
Transport, storage and communication
496,898
382,904
Distribution
3,420,787
3,398,773
Real estate
2,916,169
1,988,085
Manufacturing
1,961,724
1,998,314
Construction
1,942,023
1,753,259
Hotel and restaurant
1,125,375
1,078,829
Personal
13,923,841
14,407,779
Other services
5,099,603
3,571,142
60,119,541
57,796,793
Credit exposure with state-owned bodies have been categorised according to the service offered by the organisation rather
than within ‘Government and Central Government Bodies’.
21.2.3 Credit quality per category of financial assets
The Group has determined that credit risk exposure arises from the following consolidated statement of financial position lines:
-
Treasury Bills and Statutory deposits with Central Banks
-
Balances due from banks
-
Advances
-
Financial investment securities
Treasury Bills and Statutory deposits with Central Banks
These funds are placed with Central Banks in the countries where the Group is engaged in the full range of banking and financial
activities and management therefore considers the risk of default to be very low. These financial assets have therefore been rated
as ‘Superior.’
