management 2019s discussion and analysis 122 jpmorgan chase & co./2015 annual report wholesale credit portfolio the firm 2019s wholesale businesses are exposed to credit risk through underwriting , lending , market-making , and hedging activities with and for clients and counterparties , as well as through various operating services such as cash management and clearing activities . a portion of the loans originated or acquired by the firm 2019s wholesale businesses is generally retained on the balance sheet . the firm distributes a significant percentage of the loans it originates into the market as part of its syndicated loan business and to manage portfolio concentrations and credit risk . the wholesale credit portfolio , excluding oil & gas , continued to be generally stable throughout 2015 , characterized by low levels of criticized exposure , nonaccrual loans and charge-offs . growth in loans retained was driven by increased client activity , notably in commercial real estate . discipline in underwriting across all areas of lending continues to remain a key point of focus . the wholesale portfolio is actively managed , in part by conducting ongoing , in-depth reviews of client credit quality and transaction structure , inclusive of collateral where applicable ; and of industry , product and client concentrations . wholesale credit portfolio december 31 , credit exposure nonperforming ( c ) .

december 31 , 2015: loans retained: 357050
loans held-for-sale: 1104
loans at fair value: 2861
loans 2013 reported: 361015
derivative receivables: 59677
receivables from customers and other ( a ): 13372
total wholesale credit-related assets: 434064
lending-related commitments: 366399
total wholesale credit exposure: 800463
credit derivatives usedin credit portfolio management activities ( b ): -20681
liquid securities and other cash collateral held against derivatives: -16580
december 31 , 2014: loans retained: 324502
loans held-for-sale: 3801
loans at fair value: 2611
loans 2013 reported: 330914
derivative receivables: 78975
receivables from customers and other ( a ): 28972
total wholesale credit-related assets: 438861
lending-related commitments: 366881
total wholesale credit exposure: 805742
credit derivatives usedin credit portfolio management activities ( b ): -26703
liquid securities and other cash collateral held against derivatives: -19604
2015: loans retained: 988
loans held-for-sale: 3
loans at fair value: 25
loans 2013 reported: 1016
derivative receivables: 204
receivables from customers and other ( a ): 2014
total wholesale credit-related assets: 1220
lending-related commitments: 193
total wholesale credit exposure: 1413
credit derivatives usedin credit portfolio management activities ( b ): -9
liquid securities and other cash collateral held against derivatives: na
2014: loans retained: 599
loans held-for-sale: 4
loans at fair value: 21
loans 2013 reported: 624
derivative receivables: 275
receivables from customers and other ( a ): 2014
total wholesale credit-related assets: 899
lending-related commitments: 103
total wholesale credit exposure: 1002
credit derivatives usedin credit portfolio management activities ( b ): 2014
liquid securities and other cash collateral held against derivatives: na

receivables from customers and other ( a ) 13372 28972 2014 2014 total wholesale credit- related assets 434064 438861 1220 899 lending-related commitments 366399 366881 193 103 total wholesale credit exposure $ 800463 $ 805742 $ 1413 $ 1002 credit derivatives used in credit portfolio management activities ( b ) $ ( 20681 ) $ ( 26703 ) $ ( 9 ) $ 2014 liquid securities and other cash collateral held against derivatives ( 16580 ) ( 19604 ) na na ( a ) receivables from customers and other include $ 13.3 billion and $ 28.8 billion of margin loans at december 31 , 2015 and 2014 , respectively , to prime and retail brokerage customers ; these are classified in accrued interest and accounts receivable on the consolidated balance sheets . ( b ) represents the net notional amount of protection purchased and sold through credit derivatives used to manage both performing and nonperforming wholesale credit exposures ; these derivatives do not qualify for hedge accounting under u.s . gaap . for additional information , see credit derivatives on page 129 , and note 6 . ( c ) excludes assets acquired in loan satisfactions. .

Questions:
what is the balance of loans retained as of december 31, 2015?
what about 2014?
what is the net change among these years?
what growth rate does this represent?

Answers:
357050
324502
32548
10%