Off-balance sheet assets received

12 Months Ended

Dec. 31, 2024

Disclosure Off-balance Sheet Assets Received [Line Items]

Off-balance sheet assets received

d) Off-balance sheet assets received

The table below presents assets received from third parties that can be sold or repledged and that are not recognized on

the balance sheet but that are held as collateral, including amounts that have been sold or repledged.

Off-balance sheet assets received

USD m

31.12.24

31.12.23

Fair value of assets received that can be sold or repledged

1

581,769

576,596

of which: sold or repledged

 2

383,227

382,313

1 Includes securities received as initial margin from its clients that UBS is required to remit to central counterparties, brokers and deposit banks through its exchange-traded derivative clearing and execution services. 

2 Does not include off-balance sheet securities (31 December 2024: USD

21.4

bn; 31 December 2023: USD

29.1

bn) placed with central banks related to undrawn credit lines and for payment, clearing and settlement

purposes for which there are no associated liabilities or contingent liabilities.