Annual Report 2010 - ProCredit Bank

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Annual Report 2010
The table bellow shows structure of the quality of the loan portfolio
(gross amounts):
2010 2009
Loans to Clients Loans to Banks Loans to Clients Loans to Banks
Neither past due nor impaired 44,893,077 724,432 40,333,077 779,572
Past due but not impaired 1,885,468 986,647 –
Impaired 1,834,344 934,964 –
Total 48,612,889 724,432 42,254,688 779,572
The total allowances for impairment is RSD 1,636,533 thousand
(31 December 2009: RSD 1,582,920 thousand). Out of this amount,
individually impaired loans are RSD 399,373 RSD thousand (31 December
2009: RSD 165,975 thousand) and the remaining amount of
RSD 1,237,160 thousand (31 December 2009: RSD 1,416,945 thousand)
represents the group allowance.
(a) Loans and advances neither past due or impaired
The credit quality of the portfolio of loans and advances that were
neither past due nor impaired can be assessed by reference to the
internal rating system adopted by the Group. All loans and advances
to customers that are neither past due nor impaired are mostly
classified in risk class I according to Group’s internal methodology.
2010 2009
Business Loans 24,445,522 54.45% 21,271,300 52.74%
Agriculture Loans 10,930,451 24.35% 9,769,850 24.22%
Consumer Loans 2,041,545 4.55% 1,341,771 3.33%
Housing improvement loans and housing loans 3,833,864 8.54% 3,921,478 9.72%
Other 1,640,270 3.65% 2,239,053 5.55%
Finance leases 2,001,425 4.46% 1,789,624 4.44%
Total loans to customers 44,893,077 100.00% 40,333,076 100.00%
The loans and advances to banks are with banks which have the following
credit rating by the rating agency Standard and Poor’s used:
2010 2009
AAA rated – 0.0% – 0.0%
AA- to AA+ rated 13,671 1.92% 35,648 4.6%
A- to A+ rated 364,207 51.03% 95,299 12.2%
BB- 319,451 44.76% 643,690 82.6%
Not rated 16,316 2.29% 4,935 0.6%
Total loans and advances to banks 713,645 100.0% 779,572 100.0%
The following table indicates quality of the loans and advances to
customers and banks which are neither past due nor impaired for
2009 and 2010:
2010 2009
Loans to Clients Loans to Banks Loans to Clients Loans to Banks
I 44,802,428 724,432 40,317,244 779,572
II 38,634 – 8,123 –
II 23,201 – 3,684 –
IV 28,814 – 4,026 –
Total 44,893,077 724,432 40,333,077 779,572