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Loans to corporate entities and other organizations

Non-Retail Exposures
Auto Loan (note 23c) 1,620,583 - (20,156) (20,156) 1,600,427
Credit Card 418,797 (1,036) (6,008) (7,044) 411,753
Finance Lease (note 23c) 3,620,889 (142,940) (53,943) (196,884) 3,424,005
Mortgage Loan - - - - -
Overdraft 154,534,930 (10,481,531) (4,039,943) (14,521,474) 140,013,456
Term Loan 1,194,329,450 (19,011,299) (13,240,527) (32,251,825) 1,162,077,625
Time Loan 442,793,354 (5,977,635) (2,266,325) (8,243,960) 434,549,394
1,827,572,141 (36,016,759) (20,272,643) (56,289,402) 1,771,282,739

Bank
Specific Collective Total
December 2016 Gross impairment impairment impairment Carrying
In thousands of Naira
amount allowance allowance allowance amount
Loans to individuals
Retail Exposures
Auto Loan (note 23c) 2,426,024 - (41,976) (41,976) 2,384,048
Credit Card 3,431,339 (4,367) (57,775) (62,142) 3,369,197
Finance Lease (note 23c) 60,912 - (1,053) (1,053) 59,859
Mortgage Loan 5,053,845 - (75,135) (75,135) 4,978,710
Overdraft 5,033,990 (115,021) (515,982) (631,003) 4,402,987
Personal Loan 17,369,909 (285,812) (294,993) (580,805) 16,789,104
Term Loan 2,427,653 - (42,759) (42,759) 2,384,894
Time Loan 586,532 - (10,139) (10,139) 576,394

Loans to corporate entities and other organizations
Non-Retail Exposures
Auto Loan (note 23c) 2,003,352 - (20,856) (20,856) 1,982,496
Credit Card 563,357 - (10,178) (10,178) 553,179
Finance Lease (note 23c) 3,946,347 - (18,308) (18,308) 3,928,038
Mortgage Loan 18,437 - (195) (195) 18,242
Overdraft 135,065,623 (7,573,737) (1,609,209) (9,182,946) 125,882,676
Personal Loan 1,032,873,587 (2,105,379) (15,506,849) (17,612,228) 1,015,261,360
Term Loan 413,976,953 - (1,985,791) (1,985,792) 411,991,161
Time Loan
1,624,837,860 (10,084,316) (20,191,199) (30,275,515) 1,594,562,345

Impairment on loans and advances to customers
Specific Impairment Collective Impairment
December December December December
In thousands of Naira 2017 2016 2017 2016
Balance beginning of year 10,084,316 9,173,223 20,191,198 17,732,860
Impairment loss for the year:
- Charge for the year 29,365,940 13,846,554 81,718 2,458,338
Write-offs (3,433,497) (12,935,461) (273) -
Balance end of year 36,016,759 10,084,316 20,272,643 20,191,198

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Annual Report & Accounts 2017