In our consumer credit exposure we monitor consumer loan delinquencies in terms of loans that are 90 days or more past due and net credit costs, which are the annualized net provisions charged after recoveries.
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Consumer Credit Exposure |
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Total exposure |
90 days or more past due |
Net credit costs |
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Sep 30, 2014 |
Dec 31, 2013 |
Sep 30, 2014 |
Dec 31, 2013 |
Sep 30, 2014 |
Dec 31, 2013 |
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Consumer credit exposure Germany |
147,634 |
145,929 |
1.22 |
1.23 |
0.24 |
0.23 |
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Consumer and small business financing |
20,742 |
20,778 |
4.16 |
3.81 |
1.15 |
1.04 |
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Mortgage lending |
126,892 |
125,151 |
0.74 |
0.81 |
0.09 |
0.10 |
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Consumer credit exposure outside Germany |
38,515 |
38,616 |
5.40 |
5.38 |
0.68 |
0.76 |
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Consumer and small business financing |
11,745 |
12,307 |
11.26 |
11.34 |
1.66 |
1.75 |
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Mortgage lending |
26,770 |
26,309 |
2.83 |
2.60 |
0.26 |
0.29 |
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Total consumer credit exposure2 |
186,149 |
184,545 |
2.08 |
2.10 |
0.33 |
0.34 |
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The volume of our consumer credit exposure increased from year-end 2013 to September 30, 2014 by € 1.6 billion, or 0.9 %, mainly driven by mortgage lending in Germany which increased by € 1.7 billion. Outside Germany, the consumer credit exposure in India increased by € 227 million and in Poland by € 196 million. The consumer credit exposure in Italy decreased by € 266 million partly driven by a sale of non-performing loans. The volume in Portugal decreased by € 121 million and in Spain by € 102 million.
The 90 days or more past due ratio in the consumer and small business financing in Germany increased, driven by increased overdue volumes in the Postbank portfolio, compensated by improved German mortgage lending. The 90 days or more past due ratio in consumer and small business financing outside Germany benefited from the before mentioned sale of non-performing loans in Italy.
The slight increase of net credit costs as a percentage of total exposure in Germany compared to last year is driven by a higher positive effect from non-performing loan sales in 2013. The decrease of this ratio outside Germany compared to last year is positively impacted from the aforementioned non-performing loan sale in Italy in the third quarter 2014.