54.4. Other disclosures

Export to Excel
MAXIMUM EXPOSURE TO CREDIT RISK – FINANCIAL INSTRUMENTS NOT SUBJECT TO IMPAIRMENT REQUIREMENTS 31.12.2023 31.12.2022
Hedging derivatives 1,174 1,042
Other derivative instruments 8,406 13,162
Securities: 2,224 1,895
held for trading 578 193
not held for trading, measured at fair value through profit or loss 1,646 1,702
Loans and advances to customers not held for trading, measured at fair value through profit or loss 2,871 3,590
housing loans 1 4
business loans 81 85
consumer loans 2,789 3,501
Total 14,675 19,689
Export to Excel
FINANCIAL ASSETS SUBJECT TO MODIFICATION 2023 2022
Financial assets subject to modification during the period: Stage 2 Stage 3 Stage 2 Stage 3
valuation amount at amortized cost before modification 476 144 2 594 298
gain (loss) on modification 2 – (59) (4)
Financial assets subject to modification since initial recognition: 31.12.2023 31.12.2022
gross carrying amount of financial assets subject to modification for which expected losses were calculated over the lifetime and which are classified as Stage 1 after modification 1,341 1,637

 

The table below presents the outstanding amounts of financial assets to be repaid, which were written down during the reporting period and which are still subject to debt recovery activities.

Export to Excel
RECEIVABLES WRITTEN OFF 2023 2022
Partly written off Entirely written off Partly written off Entirely written off
Loans and advances to customers 141 397 96 179
housing loans 16 87 15 21
business loans 20 218 11 120
consumer loans 105 59 70 24
inance lease receivables – 33 – 14
Total 141 397 96 180

 

The Group adopted the following criteria for writing off receivables:

  • the receivable has fully matured and, in particular, is the consequence of a loan, advance, contractual overdraft, guarantee or warranty of loan, advance or bond repayment;
  • in accordance with IAS and IFRS the allowance for expected credit losses:
    • covers 100% of the gross carrying amount of the asset; or
    • exceeds 90% of the gross carrying amount of the asset and: actions have been or are still being taken in respect of the receivable which did not lead to its recovery, and the assessment of the probability of recovering the receivable (which, in particular, accounts for the decisions of the bailiff or the receiver) transferability of collateral, level of satisfaction, record in the land and mortgage register indicate that the entire receivable will not be recovered, or that the repayments of the receivable did not cover interest accrued on a current basis over the past 12 calendar months.

 

Past due financial assets subject to impairment or impaired

Export to Excel
PAST DUE FINANCIAL ASSETS SUBJECT TO IMPAIRMENT OR IMPAIRED (net) up to 30 days 30 to 90 days over 90 days TOTAL
31.12.2023
Stage 1 3,788 90 – 3,878
Loans and advances to customers: 3,788 90 – 3,878
housing loans 345 3 – 348
business loans 853 6 – 859
consumer loans 1,002 – – 1,002
factoring receivables 774 81 – 855
finance lease receivables 814 – – 814
Faza 2 3,017 544 138 3,699
Loans and advances to customers: 3,017 544 138 3,699
housing loans 507 164 122 793
business loans 625 104 4 733
consumer loans 334 83 10 427
factoring receivables 1 18 – 19
finance lease receivables 1,550 175 2 1,727
Faza 3 526 377 1,457 2,360
Loans and advances to customers: 526 377 1,457 2,360
housing loans 36 39 239 314
business loans 218 63 505 786
consumer loans 76 71 573 720
factoring receivables 8 13 45 66
finance lease receivables 188 191 95 474
Total 7,331 1,011 1,595 9,937
Export to Excel
PAST DUE FINANCIAL ASSETS SUBJECT TO IMPAIRMENT OR IMPAIRED (net) up to 30 days 30 to 90 days over 90 days TOTAL
31.12.2022
Stage 1 3,358 16 1 3,375
Loans and advances to customers: 3,358 16 1 3,375
housing loans 457 4 – 461
business loans 784 1 – 785
consumer loans 1,056 1 – 1,057
factoring receivables 240 10 1 251
finance lease receivables 821 – – 821
Stage 2 2,525 428 55 3,008
Loans and advances to customers: 2,525 428 55 3,008
housing loans 511 125 36 672
business loans 542 68 4 614
consumer loans 264 84 12 360
factoring receivables 4 5 – 9
finance lease receivables 1,204 146 3 1,353
Stage 3 368 301 1,157 1,826
Loans and advances to customers: 368 301 1,157 1,826
housing loans 34 36 238 308
business loans 106 43 483 632
consumer loans 65 62 322 449
factoring receivables 3 2 21 26
finance lease receivables 160 158 93 411
Total 6,251 745 1,213 8,209

 

To specify whether a loan is overdue, the Group takes into account the minimum levels of matured amounts exceeding PLN 400 for retail exposures or PLN 2,000 for other credit exposures and 1% with reference to the debtor’s entire credit exposure in the balance sheet of the Bank and other entities belonging to the Bank’s Group.

Loans and advances to customers were secured by the following collateral established for the Group: mortgages, registered pledges, transfer of ownership, restrictions on a deposit account, insurance of the credit exposure, as well as guarantees and sureties.

Quality of the portfolio covered by the rating model for loans and advances granted to customers

Export to Excel
CREDIT RISK EXPOSURES BY PD PARAMETER 31.12.2023 Gross carrying amount
Stage 1 Stage 2 Stage 3 TOTAL of which POCI
REAL ESTATE LOANS 99,843 13,373 1,667 114,883 84
0.00 – 0.02% 1,050 28 – 1,078 –
0.02 – 0.07% 26,475 199 – 26,674 1
0.07 – 0.11% 15,458 237 – 15,695 1
0.11 – 0.18% 14,846 228 – 15,074 2
0.18 – 0.45% 13,083 3,014 – 16,097 2
0.45 – 1.78% 5,066 5,349 – 10,415 7
1.78 – 99.99% 459 3,415 – 3,874 10
100% – – 1,544 1,544 59
no internal rating 23,406 903 123 24,432 2
CORPORATE LOANS, FACTORING RECEIVABLES, FINANCE LEASE RECEIVABLES 77,647 23,674 4,802 106,123 161
0.00 – 0.45% 11,098 119 – 11,217 1
0.45 – 0.90% 11,498 336 – 11,834 –
0.90 – 1.78% 10,812 1,230 – 12,042 –
1.78 – 3.55% 24,780 6,223 – 31,003 1
3.55 – 7.07% 14,152 8,657 – 22,809 –
7.07 – 14.07% 4,991 4,606 – 9,597 –
14.07 – 99.99% 214 2,476 – 2,690 3
100% – – 4,802 4,802 156
no internal rating 102 27 – 129 –
CONSUMER LOANS 26,079 3,576 2,452 32,107 79
0.00 – 0.45% 4,969 44 – 5,013 –
0.45 – 0.90% 7,034 150 – 7 184 –
0.90 – 1.78% 6,564 399 – 6,963 2
1.78 – 3.55% 3,998 615 – 4,613 2
3.55 – 7.07% 1,794 564 – 2,358 1
7.07 – 14.07% 753 530 – 1,283 1
14.07 – 99.99% 180 1,134 – 1,314 2
100% – – 2,392 2,392 68
no internal rating 787 140 60 987 3
Total 203,569 40,623 8,921 253,113 324
Export to Excel
CREDIT RISK EXPOSURES BY PD PARAMETER 31.12.2022 Gross carrying amount
Stage 1 Stage 2 Stage 3 TOTAL of which POCI
REAL ESTATE LOANS 98,541 11,033 1,860 111,434 94
0.00 – 0.02% 1,215 1 – 1,216 –
0.02 – 0.07% 32,102 136 – 32,238 –
0.07 – 0.11% 18,312 125 – 18,437 –
0.11 – 0.18% 16,904 229 – 17,133 1
0.18 – 0.45% 17,498 1,954 – 19,452 5
0.45 – 1.78% 6,772 4,398 – 11,170 8
1.78 – 99.99% 820 4,142 – 4,962 13
100% – – 1,860 1,860 66
no internal rating 4,918 48 – 4,966 1
CORPORATE LOANS, FACTORING RECEIVABLES, FINANCE LEASE RECEIVABLES 73,252 19,700 5,165 98,117 62
0.00 – 0.45% 13,647 313 – 13,960 –
0.45 – 0.90% 9,021 344 – 9,365 –
0.90 – 1.78% 10,835 754 – 11,589 –
1.78 – 3.55% 22,308 4,877 – 27,185 1
3.55 – 7.07% 12,012 6,832 – 18,844 –
7.07 – 14.07% 3,617 4,466 – 8,083 –
14.07 – 99.99% 1,723 2,067 – 3,790 –
100% – – 5,165 5,165 61
no internal rating 89 47 – 136 –
CONSUMER LOANS 24,447 3,231 1,895 29,573 57
0.00 – 0.45% 5,070 51 – 5,121 –
0.45 – 0.90% 6,004 103 – 6,107 –
0.90 – 1.78% 5,359 311 – 5,670 –
1.78 – 3.55% 3,540 488 – 4,028 –
3.55 – 7.07% 1,805 528 – 2,333 1
7.07 – 14.07% 831 528 – 1,359 1
14.07 – 99.99% 225 1,099 – 1,324 2
100% – – 1,895 1,895 52
no internal rating 1,613 123 – 1,736 1
Total 196,240 33,964 8,920 239,124 213

Quality of the portfolio covered by the rating model for off-balance sheet liabilities

Export to Excel
CREDIT RISK EXPOSURES BY PD PARAMETER 31.12.2023 Gross carrying amount
Stage 1 Stage 2 Stage 3 TOTAL of which POCI
OFF-BALANCE SHEET LIABILITIES
0.00 – 0.45% 23,916 107 – 24,024 –
0.45 – 0.90% 11,919 272 – 12,190 –
0.90 – 1.78% 11,504 825 – 12,329 –
1.78 – 3.55% 12,319 1,712 – 14,030 –
3.55 – 7.07% 7,772 2,928 – 9,291 –
7.07 – 14.07% 3,300 2,415 – 10,701 –
14.07 – 99.99% 47 209 – 256 –
100% – – 947 947 453
no internal rating 13,864 1,102 – 14,967 –
Total 84,641 9,570 947 95,158 453
Export to Excel
CREDIT RISK EXPOSURES BY PD PARAMETER 31.12.2022 Gross carrying amount
Stage 1 Stage 2 Stage 3 TOTAL of which POCI
OFF-BALANCE SHEET LIABILITIES
0.00 – 0.45% 23,859 1,294 – 25,153 –
0.45 – 0.90% 12,667 98 – 12,765 –
0.90 – 1.78% 10,593 819 – 11,412 –
1.78 – 3.55% 8,598 1,401 – 9,999 –
3.55 – 7.07% 5,872 1,453 – 7,325 –
7.07 – 14.07% 2,542 2,323 – 4,865 –
14.07 – 99.99% 27 131 – 158 –
100% – – 812 812 288
no internal rating 21,142 1,228 – 22,370 –
Total 85,300 8,747 812 94,859 288

Quality of the portfolio covered by the rating model for amounts due from banks

Export to Excel
CREDIT RISK EXPOSURES BY PD PARAMETER 31.12.2023 Gross carrying amount
AMOUNTS DUE FROM BANKS Stage 1 Stage 2 Stage 3 TOTAL of which POCI
EXTERNAL RATINGS 14,447 – – 14,447 –
AAA 1,288 – – 1,288 –
AA 4,252 – – 4,252 –
A 6,321 – – 6,321 –
BBB 1,041 – – 1,041 –
BB 18 – – 18 –
B 1 – – 1 –
CCC 7 – – 7 –
CC 1,519 1,519
Total 14,447 – – 14,447 –

The note has been prepared on the assumption that, in the absence of external ratings, a translation of internal to external ratings has been made, using the Bank’s in-house scale.

Export to Excel
CREDIT RISK EXPOSURES BY PD PARAMETER 31.12.2022 Gross carrying amount
AMOUNTS DUE FROM BANKS Stage 1 Stage 2 Stage 3 TOTAL of which POCI
EXTERNAL RATINGS 16,103 – – 16,103 –
AAA 700 – – 700 –
AA 4,205 – – 4,205 –
A 9,797 – – 9,797 –
BBB 148 – – 148 –
BB 26 – – 26 –
B 2 – – 2 –
CCC 1,225 – – 1,225 –
Total 16,103 – – 16,103 –

The note has been prepared on the assumption that, in the absence of external ratings, a translation of internal to external ratings has been made, using the Bank’s in-house scale.

Quality of the portfolio covered by the rating model for debt securities

Export to Excel
CREDIT RISK EXPOSURES BY PD PARAMETER 31.12.2023 Gross carrying amount
DEBT SECURITIES Stage 1 Stage 2 Stage 3 TOTAL of which POCI
EXTERNAL RATINGS 160,299 – – 160,299 –
AAA 8,037 – – 8,037 –
AA 2,791 – – 2,791 –
A 147,728 – – 147,728 –
BBB 260 – – 260 –
BB 1,483 – – 1,483 –
INTERNAL RATINGS 34,250 792 12 35,054 –
0.00-0.45% 13,230 – – 13,230 –
0.45-0.90% 4,090 166 – 4,256 –
0.90-1.78% 308 267 – 575 –
1.78-3.55% 620 – – 620 –
3.55-7.07% 167 – – 167 –
7.07-14.07% – 161 – 161 –
100.00% – – 12 12 –
no internal rating 15,835 198 – 16,033 –
Total 194,549 792 12 195,353 –
Export to Excel
CREDIT RISK EXPOSURES BY PD PARAMETER 31.12.2022 Gross carrying amount
DEBT SECURITIES Stage 1 Stage 2 Stage 3 TOTAL of which POCI
EXTERNAL RATINGS 106,502 – – 106,502 –
AAA 5,715 – – 5,715 –
AA 41 – – 41 –
A 96,728 – – 96,728 –
BBB 1,550 – – 1,550 –
BB 2,468 – – 2,468 –
INTERNAL RATINGS 26,201 758 374 27,333 359
0.00-0.45% 24,663 420 – 25,083 –
0.45-0.90% 720 2 – 722 –
0.90-1.78% 62 76 – 138 –
1.78-3.55% 202 – – 202 –
3.55-7.07% 188 113 – 301 –
7.07-14.07% – 147 – 147 –
100% – – 374 374 359
no internal rating 366 – – 366 –
Total 132,703 758 374 133,835 359
Previous
Next