Note 8 – Defaults and problem loans

Parent bank  
  31 Dec 2015 31 Dec 2014
Total defaults (NOKm) RM CM Total RM CM Total
Loans in default for more than 90 days *) 133 38 171 134 90 224
- Individual write-downs 15 8 23 18 45 63
Net defaults 119 30 148 116 45 162
Provison rate 11 % 22 % 13 % 13 % 50 % 28 %
Problem loans            
Problem loans (not in default) 45 341 387 15 193 208
- Individual write-downs 13 138 151 7 95 101
Net problem loans 32 204 236 9 98 107
Provison rate 29 % 40 % 39 % 43 % 49 % 49 %
 *) There are no defaults that relates to loans in the guarantee portfolio taken over from BN Bank per Q4

 

Group  
  31 Dec 2015 31 Dec 2014
Total defaults (NOKm) RM CM Total RM CM Total
Loans in default for more than 90 days *) 155 50 205 156 114 270
- Individual write-downs 17 9 26 21 46 67
Net defaults 138 41 179 135 67 203
Provison rate 11 % 18 % 13 % 13 % 41 % 25 %
Problem loans            
Problem loans (not in default) 49 350 399 16 201 216
- Individual write-downs 14 142 157 7 98 105
Net problem loans 34 208 242 9 102 111
Provison rate 30 % 41 % 39 % 43 % 49 % 49 %
 *) There are no defaults that relates to loans in the guarantee portfolio taken over from BN Bank per Q4
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