Credit risk by Geography

Financial statements 161 40.3 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: Singapore Other Bank and Government government corporate External Rating securities and securities and debt In millions treasury bills treasury bills securities 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 2014 AAA 9,493 6,696 8,713 AA- to AA+ – 10,050 3,850 A- to A+ – 625 6,501 Lower than A- – 2,830 4,333 Unrated – – 12,127 Total 9,493 20,201 35,524

40.4 Credit risk by Geography

a and Industry Bank and Loans and Government corporate advances to Analysed by geography securities and Due from debt customers In millions treasury bills banks Derivatives securities Gross Total 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 2014 Singapore 9,493 89 2,194 13,192 129,167 154,135 Hong Kong 2,958 1,176 1,637 1,730 49,881 57,382 Rest of Greater China 3,012 19,706 1,114 3,258 50,865 77,955 South and Southeast Asia 2,816 4,973 1,052 5,018 25,446 39,305 Rest of the World 11,415 16,319 10,998 12,326 23,795 74,853 Total 29,694 42,263 16,995 35,524 279,154 403,630 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 DBS Annual Report 2015 162 Bank and Loans and Government corporate advances to Analysed by industry securities and Due from debt customers In millions treasury bills banks Derivatives securities Gross Total 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 – 38,285 19,406 15,547 13,725 86,963 and 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 2014 Manufacturing – – 641 2,350 33,024 36,015 Building and construction – – 174 2,983 48,712 51,869 Housing loans – – – – 52,866 52,866 General commerce – – 646 947 56,658 58,251 Transportation, storage and communications – – 591 2,467 23,650 26,708 Financial institutions, investment – 42,263 14,017 16,688 16,168 89,136 and holding companies Government 29,694 – – – – 29,694 Professionals and private individuals – – 266 – 23,849 24,115 excluding housing loans Others – – 660 10,089 24,227 34,976 Total 29,694 42,263 16,995 35,524 279,154 403,630 Financial statements 163 41 Liquidity Risk

41.1 Contractual maturity profile of assets and liabilities