Docstoc

149

Document Sample
149 Powered By Docstoc
					36 Contingent liabilities and commitments                                                                                              149

The following table summarises the nominal principal amount of contingent liabilities and commitments with off balance sheet risk as at
31st December 2004:
                                                                                                                      2004            2003
                                                                                                               Contractor      Contract or
                                                                                                               underlying       underlying
                                                                                                                 principal        principal
                                                                                                                  amount           amount
                                                                                                                       £m               £m
Contingent liabilities
Acceptances and endorsements                                                                                           303             671
Guarantees and assets pledged as collateral security                                                               30,011           24,596
Other contingent liabilities                                                                                         8,245           8,427
Off balance sheet credit risk                                                                                      38,559           33,694
Commitments
Other commitments:
Arising out of sale and option to resell transactions                                                                    1                –
Documentary credits and other short-term trade related transactions                                                    522             359
Forward asset purchases and forward forward deposits placed                                                             55               88
Undrawn formal standby facilities, credit lines and other commitments to lend:
Over one year                                                                                                      36,083           27,160
In one year or less                                                                                                97,390           87,240
Off balance sheet credit risk                                                                                     134,051         114,847

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:52
posted:4/14/2012
language:
pages:1