My first Publication ocbc_ar17_fullreport_english | Page 229

39. RISK MANAGEMENT (continued)
39.2 CREDIT RISK (continued)
Loans past due but not impaired
Certain loans and advances are past due but not impaired as the collateral values of these loans are in excess of the principal and
interest outstanding. Allowances for these loans may have been set aside on a portfolio basis. The Group’s non-bank loans which are
past due but not impaired are as follows:
$ million
Past due
Less than 30 days
30 to 90 days
Over 90 days
Past due but not impaired
2017 2016
1,229
985
528
2,742 1,122
944
671
2,737
2017 2016
304
2,159
68
7
2,538 318
1,198
96
7
1,619
Impaired loans and allowances
Non-bank loans that are individually determined to be impaired as at the reporting date are as follows:
$ million
Business segment
Global Consumer Financial Services
Global Corporate Banking
OCBC Wing Hang
Others
Individually impaired loans
Details on non-performing loans are set out in Note 27. The movements of specific and portfolio allowances account for loans are set
out in Notes 28 and 29 respectively.
Collaterals and other credit enhancements obtained
Assets amounting to $29 million (2016: $28 million) were obtained by the Group during the year by taking possession of collaterals held
as security, or by calling upon other credit enhancements and held at the reporting date.
Repossessed properties are made available for sale in an orderly fashion, with the proceeds used to reduce or repay the outstanding
indebtedness. The Group generally does not occupy the premises repossessed for its business use.
BUILDING ON OUR CORPORATE STRATEGY FOR SUSTAINABLE GROWTH
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