General Bank Summary
Core Content Overview
This document provides a comprehensive overview of the financial activities and risk indicators of Nationwide, a Global Systemically Important Bank (GSIB), as of the reporting date 2016-12-31, with a submission date of 2017-05-05. The information is presented in multiple sections, covering general information, total exposures, interconnectedness, substitutability, complexity, cross-jurisdictional activity, and ancillary data.
General Information
| Item |
Description |
Value |
| Country code |
|
GB |
| Bank name |
|
Nationwide |
| Reporting date |
|
2016-12-31 |
| Reporting currency |
|
GBP |
| Submission date |
|
2017-05-05 |
| Reporting unit |
|
1,000,000 |
| Accounting standard |
|
IFRS |
| Date of public disclosure |
|
2017-07-31 |
| Language of public disclosure |
|
English |
| Web address of public disclosure |
|
http://www.nationwide.co.uk/about/corporate-information/res |
Total Exposures
| Item |
Description |
Value |
| Counterparty exposure of derivatives contracts |
|
3,383 |
| Potential future exposure of derivative contracts |
|
1,565 |
| Adjusted gross value of SFTs |
|
0 |
| Counterparty exposure of SFTs |
|
6,784 |
| Other assets |
|
215,249 |
| Items subject to a 0% CCF |
|
8,947 |
| Items subject to a 20% CCF |
|
6,812 |
| Items subject to a 50% CCF |
|
6,547 |
| Items subject to a 100% CCF |
|
1,774 |
| Regulatory adjustments |
|
1,387 |
| Total exposures indicator |
(Total exposures prior to regulatory adjustments) |
234,286 |
Interconnectedness Indicators
| Item |
Description |
Value |
| Funds deposited with or lent to other financial institutions |
|
0 |
| Unused portion of committed lines extended to other financial institutions |
|
0 |
| Holdings of securities issued by other financial institutions |
|
1,080 (Secured debt securities) |
| Net positive current exposure of SFTs with other financial institutions |
|
1 |
| Over-the-counter derivatives with net positive fair value |
|
119 (Net positive fair value), 1,399 (Potential future exposure) |
| Intra-financial system assets indicator |
(Sum of relevant items) |
2,599 |
Intra-Financial System Liabilities
| Item |
Description |
Value |
| Deposits due to depository institutions |
|
1,165 |
| Deposits due to non-depository financial institutions |
|
1,671 |
| Loans obtained from other financial institutions |
|
0 |
| Unused portion of committed lines obtained from other financial institutions |
|
0 |
| Net negative current exposure of SFTs with other financial institutions |
|
0 |
| Over-the-counter derivatives with net negative fair value |
|
19 (Net negative fair value), 166 (Potential future exposure) |
| Intra-financial system liabilities indicator |
(Sum of relevant items) |
3,022 |
Securities Outstanding
| Item |
Description |
Value |
| Secured debt securities |
|
19,377 |
| Senior unsecured debt securities |
|
14,275 |
| Subordinated debt securities |
|
3,219 |
| Commercial paper |
|
2,312 |
| Certificates of deposit |
|
5,430 |
| Common equity |
|
1,726 |
| Preferred shares and other subordinated funding |
|
0 |
| Securities outstanding indicator |
(Sum of relevant items) |
46,339 |
Substitutability/Financial Institution Infrastructure Indicators
| Item |
Description |
Value |
| Payments made in the reporting year (excluding intragroup payments) |
|
608,114 |
| Australian dollars (AUD) |
|
31 |
| Brazilian real (BRL) |
|
0 |
| Canadian dollars (CAD) |
|
18 |
| Swiss francs (CHF) |
|
3 |
| Chinese yuan (CNY) |
|
0 |
| Euros (EUR) |
|
325,311 |
| British pounds (GBP) |
|
237,625 |
| Hong Kong dollars (HKD) |
|
36 |
| Indian rupee (INR) |
|
1 |
| Japanese yen (JPY) |
|
5 |
| Swedish krona (SEK) |
|
3 |
| United States dollars (USD) |
|
45,080 |
Complexity Indicators
| Item |
Description |
Value |
| OTC derivatives cleared through a central counterparty |
|
83,375 |
| OTC derivatives settled bilaterally |
|
113,874 |
| OTC derivatives indicator |
(Sum of relevant items) |
197,249 |
Cross-Jurisdictional Activity Indicators
| Item |
Description |
Value |
| Cross-jurisdictional claims indicator |
(Total foreign claims on an ultimate risk basis) |
4,956 |
| Foreign liabilities (excluding derivatives and local liabilities in local currency) |
|
10,634 |
| Foreign liabilities to related offices |
|
5,084 |
| Local liabilities in local currency (excluding derivatives activity) |
|
1,825 |
| Cross-jurisdictional liabilities indicator |
(Sum of relevant items) |
7,375 |
Ancillary Data
The document also includes ancillary data which is not fully detailed here, but it is noted that it is part of the reporting framework for GSIBs.
Key Observations
- Reporting currency is GBP.
- Total exposures are calculated to be 234,286.
- Intra-financial system assets are 2,599, indicating minimal exposure to other financial institutions.
- Intra-financial system liabilities are 3,022, suggesting a small liability position within the financial system.
- Securities outstanding total 46,339, with the largest portion being secured debt securities.
- Cross-jurisdictional activity is notable, with liabilities reaching 7,375.
- The bank has no underwriting activity in both equity and debt markets.
- OTC derivatives are significant, totaling 197,249.
- The bank does not report any assets under custody or Level 3 assets, indicating a limited presence in these categories.
