105
Considered by region (domicile of borrower), the risk exposure reflects Bank Austria Creditanstalt’s business model, i.e. concentration on the core markets of Austria and CEE. About two-thirds of the overall exposure is in our core markets, with Austria accounting for 46% (2005: 45%) and customers located in one of the Central and Eastern European countries accounting for one-fifth (20.3%). The remaining one-third is in Western Europe, North America and the rest of the world.
The published 2005 figure of 24.6% for CEE includes the risk exposures of HVB Splitska banka and the Bank BPH Group. Based on the adjusted 2005 figures, the CEE portfolio increased by 21%, thus showing the strongest growth. An analysis of risk exposures on the basis of the business unit recording the transaction shows that our banking subsidiaries in CEE account for € 34.8 bn or 20% of the total volume; € 136.2 bn or 80% are accounted for by the BA-CA Group’s other business units. Unsecured loans in the rating categories 8 –, 9 and 10 were significantly reduced in 2006, representing about 0.6% (2005: 1.6%) of the volume at CEE units and about 2.0% (2005: 2.8%) of the volume in the rest of the BA-CA Group.
Portfolio structure by business unit
|
|
NO IDENTIFIABLE DEFAULT RISK |
SUB-STANDARD |
LOANS IN RATING CATEGORIES |
LOANS IN RATING CATEGORIES |
TOTAL |
|
BA-CA Group without total CEE exposure |
130.5 |
8.4 |
0.3 |
3.8 |
143.0 |
|
of which: unsecured |
109.7 |
4.5 |
0.2 |
2.8 |
117.1 |
|
Percentage distribution of total exposure |
91 % |
6 % |
0 % |
3 % |
100 % |
|
|
|
|
|
|
|
|
Central and Eastern Europe (CEE), total exposure |
24.8 |
2.8 |
0.1 |
0.3 |
28.0 |
|
of which: unsecured |
21.5 |
2.1 |
0.0 |
0.2 |
23.8 |
|
Percentage distribution of total exposure |
89 % |
10 % |
0 % |
1 % |
100 % |