|
|
|
Asset backed |
|
|
|
|
|
|
|
Securitisation |
|
Investment |
|
|
|
|
|
vehicles |
|
funds and other |
|
Total |
|
2017 |
|
£m |
|
£m |
|
£m |
|
Loans and advances to customers |
|
— |
|
29 |
|
29 |
|
Debt securities |
|
1,059 |
|
— |
|
1,059 |
|
|
|
|
|
|
|
|
|
Total |
|
1,059 |
|
29 |
|
1,088 |
|
|
|
|
|
|
|
|
|
Liquidity facilities/loan commitments |
|
— |
|
55 |
|
55 |
|
|
|
|
|
|
|
|
|
Total exposure |
|
1059 |
|
84 |
|
1143 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2016 |
|
|
|
|
|
|
|
Loans and advances to customers |
|
35 |
|
— |
|
35 |
|
Derivative assets |
|
8 |
|
— |
|
8 |
|
Derivatives liabilities |
|
(9) |
|
(1) |
|
(10) |
|
Total |
|
34 |
|
(1) |
|
33 |
|
|
|
|
|
|
|
|
|
Guarantees |
|
— |
|
7 |
|
7 |
|
Total exposure |
|
34 |
|
6 |
|
40 |
Notes:
|
(1) |
Income from interests in unconsolidated structured entities includes interest receivable, changes in fair value and other income less impairments. |
|
(2) |
A sponsored entity is a structured entity established by the Group where the Group provides liquidity and/or credit enhancements or provides ongoing services to the entity. The Group can act as sponsor for its own or for customers’ transactions. |
|
(3) |
In 2017 no assets were transferred into sponsored structured entities (2016 - nil) which are not consolidated by the Group and for which the Group held no interest at 31 December 2017. The income arising from sponsored entitles where the Group holds no interest at year end was nil (2016 - nil). |