65. Information on loan package sale

The Bank did not enter any securitisation transactions, although:

  1. in 2012, the Bank performed a bundle sale of 99 thousand retail loans classified as ‘loss’ in relation to individuals who do not conduct business activities. The debt portfolio amounted to PLN 1 133 million and over 2 thousand loans from institutional clients classified as 'loss’, with a total value of PLN 288.2 million,
  2. in 2013, the Bank carried out the subsequent bundle sales:
  • in the first quarter, over 3 thousand retail loans classified as ‘loss’ in relation to individuals who do not conduct business activities, with
    a total debt of PLN 60.8 million, over 580 corporate loans classified as ‘loss’ with a total debt of PLN 47 million and 53 loans from institutional clients classified as 'loss’, with a total debt of PLN 88.8 million,
  • in the second quarter, over 8.3 thousand retail loans classified as ‘loss’ in relation to individuals who do not conduct business activities, with a total debt of PLN 212 million and over 116 corporate loans (mortgage-secured) classified as ‘loss’. The sale covered a portfolio with a total debt of PLN 118 million,
  • in the third quarter, nearly 15 thousand retail loans (including mortgage-secured loans, credit cards loans and loans in which debtors were convicted for an offence as a result of a valid criminal court judgment) classified as ‘loss’ in relation to individuals who do not conduct business activities, with a total debt of PLN 321.5 million, CHF 14.3 million and EUR 298 thousand, over 3.1 thousand corporate loans classified as ‘loss’ with a total debt of PLN 296 million, EUR 2.4 million, CHF 6.1 million, and 75 loans from institutional clients classified as 'loss’, with a total debt of PLN 270 million,
  • in the fourth quarter, over 9.8 thousand retail loans (including credit cards loans) classified as ‘loss’ in relation to individuals who do not conduct business activities, with a total debt of PLN 155 million, over 730 corporate loans classified as ‘loss’ with a total debt of
    PLN 63.7 million, and 90 loans from institutional clients classified as 'loss’, with a total debt of PLN 272 million and USD 4.5 million.

The total carrying amount of the provision for potential claims on impaired loan portfolios sold as at 31 December 2013 amounted to PLN 2 087 thousand (as at 31 December 2012 it was PLN 5 502 thousand).

The Bank did not receive any securities on account of the above mentioned transactions.