EBA欧洲银行-PT_2138004FIUXU3B2MR537_TR_2016_11页_718kb

2016 EU-wide Transparency Exercise Summary

Core Information

• Bank Name: Caixa Econômica Montepio Geral
• LEI Code: 2138004FIUUXU3B2MR537
• Country Code: PT (Portugal)
• Reporting Period: As of 31/12/2015 and 30/06/2016

Capital Structure (Transitional Period)

Own Funds

• Own Funds (Total): Increased from 1,360 to 1,472 million EUR
• CET1 Capital (Net of deductions and transitional adjustments): Increased from 1,231 to 1,381 million EUR
  • CET1 Capital (Fully loaded): Increased from 937 to 1,115 million EUR
  • CET1 Capital Ratio: Increased from 6.73% to 8.31%

Capital Ratios

• Common Equity Tier 1 Ratio: Increased from 8.82% to 10.27%
• Tier 1 Capital Ratio: Increased from 8.82% to 10.27%
• Total Capital Ratio: Increased from 9.74% to 10.94%

Tier 2 Capital

• Tier 2 Capital (Net of deductions and transitional adjustments): Decreased from 129 to 90 million EUR

Risk Exposure Amounts (As of 31/12/2015 and 30/06/2016)

• Total Risk Exposure Amount: Decreased from 13,962 to 13,457 million EUR
  • Credit Risk: Decreased from 12,633 to 12,149 million EUR
  • Market Risk: Decreased from 233 to 163 million EUR
  • Operational Risk: Slightly increased from 766 to 768 million EUR
  • Other Risk Exposure Amounts: Increased from 325 to 374 million EUR

Profit and Loss (P&L)

• Total Operating Income, Net: Decreased from 465 to 198 million EUR
• Profit or (Loss) Before Tax from Continuing Operations: Decreased from -269 to -135 million EUR
• Profit or (Loss) After Tax from Continuing Operations: Decreased from -242 to -67 million EUR
• Profit or (Loss) for the Year: Decreased from -242 to -67 million EUR

Market Risk Breakdown

• Traded Debt Instruments: Decreased from 94 to 25 million EUR
• Equities: Increased from 13 to 16 million EUR
• Foreign Exchange Risk: Increased from 7 to 8 million EUR
• Commodities Risk: Decreased from 125 to 121 million EUR
• Total Market Risk Exposure: Decreased from 233 to 163 million EUR

Credit Risk - Standardised Approach

• Total Standardised Credit Risk Exposure: Decreased from 23,791 to 23,727 million EUR
• Risk Exposure Amount: Decreased from 12,633 to 12,149 million EUR
• Value Adjustments and Provisions: Decreased from 1,635 to 1,568 million EUR

Credit Risk - IRB Approach

• Total IRB Credit Risk Exposure: 0 million EUR for both reporting periods
• No data reported on IRB exposures

Sovereign Exposure

• Total Sovereign Exposure (As of 31/12/2015): 2,554.7 million EUR

  • Held for Trading: 116.6 million EUR
  • Designated at Fair Value through Profit or Loss: 12.4 million EUR
  • Available-for-sale: 0.0 million EUR
  • Loans and Receivables: 1,538.2 million EUR
  • Held-to-maturity Investments: 1,268.0 million EUR

• Total Sovereign Exposure (As of 30/06/2016): 2,933.6 million EUR

  • Held for Trading: 116.5 million EUR
  • Designated at Fair Value through Profit or Loss: 10.9 million EUR
  • Available-for-sale: 0.0 million EUR
  • Loans and Receivables: 1,538.2 million EUR
  • Held-to-maturity Investments: 1,268.0 million EUR

Performing and Non-Performing Exposures

• Debt Securities (Gross Carrying Amount): Increased from 3,429 to 3,754 million EUR

  • Accumulated Impairment: Increased from 45 to 65 million EUR
  • Collateral and Financial Guarantees on Non-performing Exposures: Increased from 79 to 58 million EUR

• General Governments (Non-performing): Increased from 0 to 65 million EUR

• Central Banks (Non-performing): 0 million EUR for both reporting periods

Regulatory References

• CET1 Capital: Articles 26(1) points (a) and (b), 27 to 29, 36(1) point (f) and 42 of CRR
• Retained Earnings: Articles 26(1) point (c), 26(2) and 36(1) points (a) and (f) of CRR
• Transitional Adjustments: Articles 469 to 472, 478 and 481 of CRR
• Tier 2 Capital: Article 71 of CRR
• Capital Ratios: Articles 4(118), 72, 92(3), 95, 96 and 98 of CRR

Summary of Key Changes

• Capital Growth: The bank's own funds and CET1 capital increased during the period, indicating improved capital position.
• Risk Exposure: Total risk exposure decreased, with significant reductions in credit and market risk.
• Profitability: Net operating income and profit after tax improved, though still negative.
• Sovereign Exposure: Increased in 2016, with a shift in the composition of financial assets.
• Non-performing Exposures: Debt securities and general government exposures showed an increase in impairment and non-performing status.

This summary provides an overview of the capital structure, risk exposure, and profitability of Caixa Econômica Montepio Geral as reported in the 2016 EU-wide Transparency Exercise.