EBA欧洲银行-HU_529900W3MOO00A18X956_TR_2016_13页_1mb

2016 EU-wide Transparency Exercise Summary for OTP Bank Nyrt.

Core Information

• Bank Name: OTP Bank Nyrt.
• LEI Code: 529900W3MOO00A18X956
• Country Code: HU (Hungary)

Own Funds (Transitional Period)

• Own Funds:

  • As of 31/12/2015: 3,456 million EUR
  • As of 30/06/2016: 3,374 million EUR
  • Regulation: Articles 4(118) and 72 of CRR

• Common Equity Tier 1 (CET1) Capital:

  • As of 31/12/2015: 2,850 million EUR
  • As of 30/06/2016: 2,819 million EUR
  • Regulation: Article 50 of CRR

• CET1 Capital Elements and Deductions:

• Capital Ratios (Transitional Period):

  • Common Equity Tier 1 Ratio: 13.59% (31/12/2015) → 13.15% (30/06/2016)
  • Tier 1 Ratio: 13.59% (31/12/2015) → 13.15% (30/06/2016)
  • Total Capital Ratio: 16.48% (31/12/2015) → 15.74% (30/06/2016)

• Fully Loaded CET1 Capital:

  • As of 31/12/2015: 2,773 million EUR
  • As of 30/06/2016: 2,819 million EUR

Risk Exposure Amounts

• Total Risk Exposure Amount:

  • As of 31/12/2015: 20,969 million EUR
  • As of 30/06/2016: 21,432 million EUR

• Breakdown of Risk Exposure:

  • Credit Risk: 16,692 (31/12/2015) → 17,063 (30/06/2016)
  • Market Risk:
    • Position, Foreign Exchange and Commodities: 1,471 (31/12/2015) → 1,430 (30/06/2016)
    • Of which: Foreign Exchange Risk: 1,265 (31/12/2015) → 992 (30/06/2016)
    • Commodities Risk: 5 (31/12/2015) → 49 (30/06/2016)

Profit and Loss (P&L)

• Net Operating Income:

  • As of 31/12/2015: 2,078 million EUR
  • As of 30/06/2016: 1,070 million EUR

• Detailed P&L Components:

  • Interest Income: 2,521 (31/12/2015) → 1,082 (30/06/2016)
  • Interest Expenses: 792 (31/12/2015) → 267 (30/06/2016)
  • Dividend Income: 8 (31/12/2015) → 11 (30/06/2016)
  • Net Fee and Commission Income: 680 (31/12/2015) → 334 (30/06/2016)
  • Gains/Losses on Derecognition: -115 (31/12/2015) → -47 (30/06/2016)
  • Gains/Losses on Trading Financial Assets: -7 (31/12/2015) → -24 (30/06/2016)
  • Exchange Differences: 395 (31/12/2015) → 66 (30/06/2016)
  • Net Other Operating Income/(Expenses): -613 (31/12/2015) → -85 (30/06/2016)

• Profit or Loss:

  • Profit or Loss Before Tax from Continuing Operations: 161 (31/12/2015) → 417 (30/06/2016)
  • Profit or Loss After Tax from Continuing Operations: 171 (31/12/2015) → 341 (30/06/2016)
  • Profit or Loss for the Year: 171 (31/12/2015) → 341 (30/06/2016)

Capital Ratios (Fully Loaded CET1)

• CET1 Capital Ratio (Fully Loaded): 13.22% (31/12/2015) → 13.15% (30/06/2016)

Credit Risk - Standardised Approach

• Standardised Total Risk Exposure Amount:

  • As of 31/12/2015: 16,692 million EUR
  • As of 30/06/2016: 17,063 million EUR

• Breakdown by Exposure Type:

• Country-Specific Data:
  • Hungary:
    • Standardised Total Value Adjustments and Provisions: 1,055 million EUR (31/12/2015) → 890 million EUR (30/06/2016)
  • Bulgaria:
    • Standardised Total Value Adjustments and Provisions: 549 million EUR (31/12/2015) → 546 million EUR (30/06/2016)
  • Romania:
    • Standardised Total Value Adjustments and Provisions: 95 million EUR (31/12/2015) → 96 million EUR (30/06/2016)

Key Observations

• The bank’s own funds decreased slightly from 3,456 million EUR to 3,374 million EUR during the transitional period.
• CET1 capital also declined from 2,850 million EUR to 2,819 million EUR.
• The total risk exposure increased from 20,969 million EUR to 21,432 million EUR, primarily due to an increase in credit risk exposure.
• The capital ratios for CET1 and Tier 1 declined, while the total capital ratio also decreased.
• The fully loaded CET1 capital ratio remained relatively stable.
• Profit and loss improved significantly, with a rise in both pre-tax and post-tax figures from continuing operations.
• The standardised approach for credit risk shows a higher risk exposure in Hungary, with notable decreases in certain categories like retail and SME exposures in Romania.