The Bank did not enter any securitisation transactions, although in 2015 it performed a bundle sales (statement of financial position and off-balance sheet loans):
- In the first quarter of 2015, over 11.3 thousand retail loans classified as ‘loss’ in relation to individuals who do not conduct business activities (including credit cards loans), with a total debt of PLN 163.7 million and CHF 1.7 million and 346 retail loans secured by mortgage, classified as ‘loss’, in relation to individuals who do not conduct business activities with a total debt of PLN 132 million, EUR 49.7 thousand and USD 441 thousand and CHF 37.7 million.
- In the second quarter of 2015, over 10.7 thousand retail loans classified as “loss” in relation to individuals who do not conduct business activities (including credit card loans), with a total debt of PLN 178.7 million, EUR 304.2 thousand and CHF 3.7 million and 851 retail loans classified as ‘loss’ with a total debt of PLN 102 million, EUR 0.3 thousand, CHF 283 thousand and USD 214.6 thousand and 30 loans from institutional customers classified as ‘loss’ with total debt of over PLN 100.3 million.
- In the third quarter of 2015, over 10.6 thousand retail loans classified as “loss” in relation to individuals who do not conduct business activities (including credit card loans), with a total debt of PLN 168.5 million, EUR 5.8 thousand, USD 129.8 and CHF 9.5 million and over 1.2 thousand of retail loans classified as ‘loss’ with a total debt of PLN 114.7 million, EUR 28.6 thousand, CHF 860.8 thousand.
- In the fourth quarter of 2015, over 10 thousand retail loans classified as “loss” in relation to individuals who do not conduct business activities (including credit card loans), with a total debt of PLN 175.3 million, CHF 6.5 million, EUR 99.5 thousand, USD 17.3 thousand and 1 thousand of retail loans classified as ‘loss’ with a total debt of PLN 103.2 million, EUR 38.2 thousand, CHF 1 million, 478 retail loans secured by mortgage classified as ‘loss’ in relation to individuals who do not conduct business activities with total debt of over PLN 120.7 million, EUR 82 thousand, USD 20.8 thousand and CHF 19.1 million, 185 of loans secured by mortgage, classified as “loss” with a total debt of PLN 88.3 million and CHF 2.9 million, 16 loans from institutional customers classified as “loss” with total debt of PLN 116.1 million.
The total carrying amount of the provision for potential claims on impaired loan portfolios sold as at 31 December 2015 amounted to PLN 2 068 thousand (as at 31 December 2014 it was PLN 1 785 thousand). As a result of loan sale all risks and rewards were transferred, hence the Bank derecognised these assets.