Note 13 - Credit quality per class of financial assets

The Bank handles the credit quality of financial assets by means of its internal guidlines for credit ratings. See section entitled credit risk under Note 6 Risk factors. The table below shows credit quality per class of assets for loan-related assets in the balance sheet, based on the Bank's own credit rating system.The entire loan exposure is included when parts of the exposure are defaulted. Non-performance is defined in the note as default of payment of NOK 1,000 or more for more than 90 days.

Parent Bank                
     Neither defaulted nor credit impaired Defaulted
or
credit
impaired
  
31 Dec 2020 (NOK million) Notes Lowest risk Low risk Medium risk High risk Highest risk  Total
Loans to and claims on credit institutions 7 12,901 -  -  -  -  -  12,901
                 
Loans to and claims on customers 8              
Retail market   67,453 8,954 3,423 1,029 1,138 383 82,380
Corporate market   18,797 12,161 8,974 1,193 454 1,702 43,280
Total   86,250 21,115 12,398 2,222 1,592 2,084 125,660
                 
Financial investments 29              
Quoted government and government guaranteed bonds   9,298 -  -  -  -  -  9,298
Quoted other bonds   9,724 3,713 473 328 -  -  14,239
Unquoted government and government guaranteed bonds   -  -  -  -  -  -  - 
Unquoted other bonds   82 3,066 -  -  -  -  3,147
Total   19,104 6,779 473 328 -  -  26,684
                 
Total   118,255 27,894 12,871 2,550 1,592 2,084 165,246
                 
                 
     Neither defaulted nor credit impaired Defaulted
or
credit
impaired
  
31 Dec 2019 (NOK million) Notes Lowest risk Low risk Medium risk High risk Highest risk  Total
Loans to and claims on credit institutions 7 9,181 -  -  -  -  -  9,181
                 
Loans to and claims on customers 8              
Retail market   62,462 9,779 4,245 1,145 1,341 314 79,286
Corporate market   18,235 7,537 9,911 1,016 333 1,653 38,685
Total   80,697 17,316 14,156 2,161 1,674 1,967 117,970
                 
Financial investments 29              
Quoted government and government guaranteed bonds   4,929 -  -  -  -  -  4,929
Quoted other bonds   9,801 1,524 1,159 14 -  -  12,498
Unquoted government and government guaranteed bonds   942 -  -  -  -  -  942
Unquoted other bonds   4,797 10 18 -  -  -  4,826
Total   20,469 1,534 1,177 14 -  -  23,195
                 
Total   110,347 18,850 15,333 2,175 1,674 1,967 150,345

 

 

Group                
     Neither defaulted nor credit impaired Defaulted
or
credit
impaired
  
31 Dec 2020 (NOK million) Notes Lowest risk Low risk Medium risk High risk Highest risk  Total
Loans to and claims on credit institutions 7 5,091 -  -  -  -  -  5,091
                 
Loans to and claims on customers 8              
Retail market   67,560 10,196 7,233 1,323 1,374 455 88,139
Corporate market   18,248 12,823 11,169 1,702 764 1,802 46,509
Total   85,808 23,018 18,402 3,025 2,138 2,257 134,648
                 
Financial investments 29              
Quoted government and government guaranteed bonds   9,298 -  -  -  -  -  9,298
Quoted other bonds   9,724 3,713 473 328 -  -  14,239
Unquoted government and government guaranteed bonds   -  -  -  -  -  -  - 
Unquoted other bonds   3 3,066 -  -  -  -  3,069
Total   19,026 6,779 473 328 -  -  26,606
                 
Total   109,925 29,797 18,875 3,353 2,138 2,257 166,346
                 
                 
     Neither defaulted nor credit impaired Defaulted
or
credit
impaired
  
31 Dec 2019 (NOK million) Notes Lowest risk Low risk Medium risk High risk Highest risk  Total
Loans to and claims on credit institutions 7 2,110 -  -  -  -  -  2,110
                 
Loans to and claims on customers 8              
Retail market   62,468 10,349 8,392 1,502 1,685 398 84,793
Corporate market   17,681 8,408 11,719 1,369 584 1,722 41,484
Total   80,148 18,757 20,112 2,871 2,269 2,119 126,277
                 
Financial investments 29              
Quoted government and government guaranteed bonds   4,929 -  -  -  -  -  4,929
Quoted other bonds   9,801 1,524 1,159 14 -  -  12,498
Unquoted government and government guaranteed bonds   942 -  -  -  -  -  942
Unquoted other bonds   4,718 10 18 -  -  -  4,746
Total   20,389 1,534 1,177 14 -  -  23,115
                 
Total   102,648 20,291 21,289 2,886 2,269 2,119 151,502

Financial results

Annual report and notes

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