Credit risk by geography

| 169 Financial statements 41.3 Credit quality of Government securities and treasury bills and Bank and corporate debt securities The table below presents an analysis of Government securities and treasury bills and Bank and corporate debt securities for the Group by rating agency designation as at 31 December: The Group Analysed by issue ratings Singapore Other government Bank and Government securities securities and corporate debt In millions and treasury bills treasury bills securities 2016 AAA 11,983 5,454 16,158 AA- to AA+ – 10,715 5,116 A- to A+ – 1,283 4,141 Lower than A- – 3,966 4,001 Unrated – – 12,023 Total 11,983 21,418 41,439 2015 AAA 12,312 5,812 11,024 AA- to AA+ – 12,466 4,845 A- to A+ – 1,016 5,272 Lower than A- – 2,895 4,296 Unrated – – 11,558 Total 12,312 22,189 36,995

41.4 Credit risk by geography

a and industry The Group Bank and Loans and Analysed by geography Government corporate advances to securities and Due from debt customers In millions treasury bills banks Derivatives securities Gross Total 2016 Singapore 11,983 569 2,352 13,310 145,025 173,239 Hong Kong 3,845 148 1,744 1,717 50,223 57,677 Rest of Greater China 2,440 15,576 2,903 2,595 43,060 66,574 South and Southeast Asia 3,964 2,817 1,498 4,580 27,389 40,248 Rest of the World 11,169 10,908 17,260 19,237 39,718 98,292 Total 33,401 30,018 25,757 41,439 305,415 436,030 2015 Singapore 12,312 261 2,475 12,476 135,860 163,384 Hong Kong 2,708 474 2,999 1,779 50,976 58,936 Rest of Greater China 4,199 16,054 1,966 3,907 45,129 71,255 South and Southeast Asia 2,892 3,011 1,124 4,669 26,443 38,139 Rest of the World 12,390 18,485 15,067 14,164 28,463 88,569 Total 34,501 38,285 23,631 36,995 286,871 420,283 a Based on the country of incorporation of the issuer for debt securities, counterparty for derivatives, borrower for loans or the issuing bank in the case of bank backed export financing 170 | DBS Annual Report 2016 The Group Bank and Loans and Analysed by industry Government corporate advances to securities and Due from debt customers In millions treasury bills banks Derivatives securities Gross Total 2016 Manufacturing – – 457 2,632 31,235 34,324 Building and construction – – 414 3,215 58,358 61,987 Housing loans – – – – 64,465 64,465 General commerce – – 460 1,063 46,881 48,404 Transportation, storage and communications – – 669 2,509 31,964 35,142 Financial institutions, investment and – 30,018 22,716 19,291 16,742 88,767 holding companies Government 33,401 – – – – 33,401 Professionals and private individuals – – 740 – 25,091 25,831 excluding housing loans Others – – 301 12,729 30,679 43,709 Total 33,401 30,018 25,757 41,439 305,415 436,030 2015 Manufacturing – – 1,038 2,849 30,874 34,761 Building and construction – – 330 2,976 55,584 58,890 Housing loans – – – – 58,569 58,569 General commerce – – 920 980 48,249 50,149 Transportation, storage and communications – – 801 2,192 26,357 29,350 Financial institutions, investment and – 38,285 19,406 15,547 13,725 86,963 holding companies Government 34,501 – – – – 34,501 Professionals and private individuals – – 606 – 24,105 24,711 excluding housing loans Others – – 530 12,451 29,408 42,389 Total 34,501 38,285 23,631 36,995 286,871 420,283 | 171 Financial statements 42 Liquidity Risk

42.1 Contractual maturity profile of assets and liabilities