INTEREST REVENUE AND EXPENSE (Tables)

3 Months Ended

Mar. 31, 2023

Banking and Thrift, Interest [Abstract]

Interest revenue and Interest expense consisted of the following:


	Three Months Ended March 31,
In millions of dollars	2023		2022
Interest revenue
Consumer loans	$	8,624	$	6,262
Corporate loans	4,659		2,454
Loan interest, including fees	$	13,283	$	8,716
Deposits with banks	3,031		296
Securities borrowed and purchased under agreements to resell	5,174		394
Investments, including dividends	4,144		2,050
Trading account assets(1)	2,747		1,146
Other interest-earning assets(2)	1,016		549
Total interest revenue	$	29,395	$	13,151
Interest expense
Deposits	$	7,708	$	871
Securities loaned and sold under agreements to repurchase	3,566		282
Trading account liabilities(1)	787		147
Short-term borrowings and other interest-bearing liabilities(3)	1,649		55
Long-term debt	2,337		925
Total interest expense	$	16,047	$	2,280
Net interest income	$	13,348	$	10,871
Provision for credit losses on loans	1,737		260
Net interest income after provision for credit losses on loans	$	11,611	$	10,611

(1)Interest expense on Trading account liabilities of ICG is reported as a reduction of Interest revenue. Interest revenue and Interest expense on cash collateral positions are reported in interest on Trading account assets and Trading account liabilities, respectively.

(2)Includes assets from businesses held-for-sale (see Note 2) and Brokerage receivables.

(3)Includes liabilities from businesses held-for-sale (see Note 2) and Brokerage payables.