Bank Name: FR - BPI France (Banque Publique d'Investissement)
LEI Code: 969500STN7T9MRUMJ267
Test Period: 2014 EU-wide Stress Test
Summary of Adverse Scenario (as of 31 December 2016)
3-Year Cumulative Operating Profit Before Impairments: 362 min EUR
3-Year Cumulative Impairment Losses (Banking Book): 582 min EUR
3-Year Cumulative Losses from Stress (Trading Book): 0 min EUR
Valuation Losses Due to Sovereign Shock (After Tax and Prudential Filters): 0 min EUR
Common Equity Tier 1 (CET1) Capital: 13,673 min EUR
Total Risk Exposure: 44,597 min EUR
CET1 Ratio: 30.7%
Summary of Baseline Scenario (as of 31 December 2016)
3-Year Cumulative Operating Profit Before Impairments: 600 min EUR
3-Year Cumulative Impairment Losses (Banking Book): 332 min EUR
3-Year Cumulative Losses from Stress (Trading Book): 0 min EUR
CET1 Capital: 14,559 min EUR
Total Risk Exposure: 44,232 min EUR
CET1 Ratio: 32.9%
Memorandum Items
Adverse Scenario
Common EU-wide CET1 Threshold (5.5%): 2,453 mln EUR
Total Mandatory Conversion Instruments (2014–2016): 0 mln EUR
Additional Tier 1 and Tier 2 Instruments (Eligible for Regulatory Capital): 0 mln EUR
Eligible Instruments with Trigger Above CET1 Ratio: 0 mln EUR
Baseline Scenario
Common EU-wide CET1 Threshold (8.0%): 3,539 mln EUR
Risk Exposure and Provisions
Baseline Scenario (as of 31 December 2013)
Category
Non-defaulted
Defaulted
Exposure (F-IRB)
Exposure (A-IRB)
Exposure (STA)
Risk Exposure (F-IRB)
Risk Exposure (A-IRB)
Risk Exposure (STA)
Value Adjustments (F-IRB)
Value Adjustments (A-IRB)
Value Adjustments (STA)
Central banks and central governments
0
0
0
0
15,010
0
0
0
0
0
0
Institutions
0
0
0
0
2,174
0
0
0
0
0
0
Corporates
0
0
0
0
21,798
0
0
0
0
0
0
Corporates - Of Which: SME
0
0
0
0
15,182
0
0
0
0
0
0
Retail
0
0
0
0
6,569
0
0
0
0
0
0
Retail - Secured on Real Estate Property
0.0%
0
0
0
0
0
0
0
0
0
0
Retail - Other Retail
0.0%
0
0
0
6,569
0
0
0
0
0
0
Retail - Other Retail - Of Which: SME
0
0
0
0
6,569
0
0
0
0
0
0
Equity
0
0
0
0
10,943
0
0
0
0
0
0
Securitisation
0
0
0
0
18
0
0
0
0
0
0
Other Non-Credit Obligation Assets
0
0
0
0
0
0
0
0
0
0
0
TOTAL
0
0
0
0
56,514
0
0
0
0
0
0
Adverse Scenario (as of 31 December 2013)
Category
Non-defaulted
Defaulted
Exposure (F-IRB)
Exposure (A-IRB)
Exposure (STA)
Risk Exposure (F-IRB)
Risk Exposure (A-IRB)
Risk Exposure (STA)
Value Adjustments (F-IRB)
Value Adjustments (A-IRB)
Value Adjustments (STA)
Central banks and central governments
0
0
0
0
0
0
0
0
0
0
0
Institutions
0
0
0
0
0
0
0
0
0
0
0
Corporates
0
0
0
0
0
0
0
0
0
0
0
Corporates - Of Which: SME
0
0
0
0
0
0
0
0
0
0
0
Retail
0
0
0
0
0
0
0
0
0
0
0
Retail - Secured on Real Estate Property
0.0%
0
0
0
0
0
0
0
0
0
0
Retail - Other Retail
0.0%
0
0
0
0
0
0
0
0
0
0
Retail - Other Retail - Of Which: SME
0
0
0
0
0
0
0
0
0
0
0
Equity
0
0
0
0
0
0
0
0
0
0
0
Securitisation
0
0
0
0
0
0
0
0
0
0
0
Other Non-Credit Obligation Assets
0
0
0
0
0
0
0
0
0
0
0
TOTAL
0
0
0
0
0
0
0
0
0
0
0
Key Figures for Baseline and Adverse Scenarios (as of 31 December 2013)
Scenario
Impairment Rate
Stock of Provisions
Coverage Ratio
Baseline
0.00%
1
-
Baseline
0.07%
8
39.60%
Baseline
0.38%
2,992
34.91%
Baseline
0.00%
1,633
76.03%
Baseline
0.00%
1,633
63.07%
Baseline
0.00%
1,633
44.50%
Baseline
0.00%
264
24.89%
Baseline
0.16%
4,898
49.53%
Adverse
0.05%
8
40.00%
Adverse
0.16%
10
42.50%
Adverse
0.47%
3,012
33.89%
Adverse
0.00%
1,633
72.11%
Adverse
0.00%
1,633
55.82%
Adverse
0.00%
1,633
44.50%
Adverse
0.00%
264
19.95%
Adverse
0.21%
4,927
47.36%
Summary of Key Observations
CET1 Capital: Both scenarios show that the CET1 capital of BPI France remained above the EU-wide threshold of 5.5% (Adverse Scenario: 30.7%, Baseline Scenario: 32.9%).
Operating Profit: The Baseline Scenario resulted in a higher cumulative operating profit (600 min EUR) compared to the Adverse Scenario (362 min EUR).
Impairment Losses: The Adverse Scenario showed higher cumulative impairment losses (582 min EUR) than the Baseline Scenario (332 min EUR).
Risk Exposure: The Baseline Scenario showed a slightly higher total risk exposure (44,232 min EUR) compared to the Adverse Scenario (44,597 min EUR).
Value Adjustments and Provisions: These remained at 0 min EUR in both scenarios, indicating no significant changes in provisions or value adjustments for the period.
