Loan impairment charges reduced 33% to £3,790m, reflecting generally improving underlying trends across the majority of retail and wholesale businesses. Loan impairment included new and increased allowances of £4,962m (2010: £6,939m; 2009: £8,111m), releases of £931m (2010: £1,189m; 2009: £631m), recoveries of £265m (2010: £201m; 2009: £150m) and charges on undrawn facilities and guarantees of £24m (2010: £76m; 2009: £28m). Combined with a 2% increase in loans and advances, this resulted in a lower overall Group loan loss rate of 77bps (2010: 118bps; 2009: 156bps).
Further detail can be found in the Retail Credit Risk and Wholesale Credit Risk sections.
|
Credit impairment charges and other provisions by business (audited) | ||||||||||
|
|
Loans and Advances |
Available for Sale Financial Investmentsa |
Reverse Repurchase Agreements |
Total | ||||||
| ||||||||||
|
Year ended 31 December 2011 |
|
|
|
| ||||||
|
UK RBB |
536 |
– |
– |
536 | ||||||
|
Europe RBB |
241 |
20 |
– |
261 | ||||||
|
Africa RBB |
464 |
– |
– |
464 | ||||||
|
Barclaycard |
1,259 |
– |
– |
1,259 | ||||||
|
Barclays Capitalb |
129 |
12 |
(48) |
93 | ||||||
|
Barclays Corporate |
1,122 |
27 |
– |
1,149 | ||||||
|
Barclays Wealth |
41 |
– |
– |
41 | ||||||
|
Head Office Functions and Other Operations |
(2) |
1 |
– |
(1) | ||||||
|
Total |
3,790 |
60 |
(48) |
3,802 | ||||||
|
|
|
|
|
| ||||||
|
Year ended 31 December 2010 |
|
|
|
| ||||||
|
UK RBB |
819 |
– |
– |
819 | ||||||
|
Europe RBB |
314 |
– |
– |
314 | ||||||
|
Africa RBB |
562 |
– |
– |
562 | ||||||
|
Barclaycard |
1,688 |
– |
– |
1,688 | ||||||
|
Barclays Capitalb |
642 |
(95) |
(4) |
543 | ||||||
|
Barclays Corporate |
1,551 |
145 |
– |
1,696 | ||||||
|
Barclays Wealth |
48 |
– |
– |
48 | ||||||
|
Head Office Functions and Other Operations |
1 |
1 |
– |
2 | ||||||
|
Total |
5,625 |
51 |
(4) |
5,672 | ||||||
|
|
|
|
|
| ||||||
|
Year ended 31 December 2009 |
|
|
|
| ||||||
|
UK RBB |
1,031 |
– |
– |
1,031 | ||||||
|
Europe RBB |
334 |
4 |
– |
338 | ||||||
|
Africa RBB |
688 |
– |
– |
688 | ||||||
|
Barclaycard |
1,798 |
– |
– |
1,798 | ||||||
|
Barclays Capitalb |
1,898 |
650 |
43 |
2,591 | ||||||
|
Barclays Corporate |
1,544 |
14 |
– |
1,558 | ||||||
|
Barclays Wealth |
51 |
– |
– |
51 | ||||||
|
Head Office Functions and Other Operations |
14 |
2 |
– |
16 | ||||||
|
Total |
7,358 |
670 |
43 |
8,071 | ||||||
