Annual Report 2015
121
21 RISK MANAGEMENT
(continued)
21.2 Credit risk
(continued)
21.2.2 Risk concentrations of the maximum exposure to credit risk
(continued)
b)
Industry sectors
The following table breaks down the Group’s maximum credit exposure as categorised by the industry sectors of
its counterparties:
2015
2014
Government and Central Government Bodies
21,031,567
18,062,055
Financial sector
9,161,190
9,959,108
Energy and mining
1,640,811
485,363
Agriculture
296,051
288,360
Electricity and water
433,797
438,235
Transport, storage and communication
673,403
496,898
Distribution
3,896,355
3,420,787
Real estate
3,706,672
2,916,169
Manufacturing
1,973,901
1,961,724
Construction
1,971,464
1,942,023
Hotel and restaurant
1,392,342
1,125,375
Personal
15,145,163
13,923,841
Other services
5,953,323
5,099,603
67,276,039
60,119,541
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’.
