Page 49 - Annual Report 2020
P. 49
/ 44 QF CR A ANNU AL REP OR T 2020
8. Credit exposures by counterparty
Corporate and bank exposures remained the dominant credit
exposures. A noticeable increase in credit exposures to
corporates was seen between 2019 and 2020. No significant
variances in off-balance sheet exposures and debt instruments
were noted year-on-year. QFC-firms use of credit risk mitigation
(“CRM”) increased, resulting in a lower net credit exposure
post-CRM.
T ABLE OF C ONTENT S
