EBA欧洲银行-EBA_ST_FR_O2RNE8IBXP4R0TD8PU41_34页_5mb

报告摘要

2018 EU-wide Stress Test Summary: Société Générale S.A.

Core Information

Bank Name: Société Générale S.A.
LEI Code: O2RNE8IBXP4R0TD8PU41
Country Code: FR (France)

Summary of Key Metrics

Financial Performance

Metric	Actual (31/12/2017)	Restated (31/12/2017)	Baseline Scenario (31/12/2018–2020)	Adverse Scenario (31/12/2018–2020)
Net Interest Income (mln EUR)	11,292	-	10,260	9,980
Gains or Losses on Financial Assets (mln EUR)	9,654	-	5,712	5,712
Impairment or Reversal of Impairment (mln EUR)	-1,025	-	-2,360	-1,882
Profit or Loss for the Year (mln EUR)	3,186	-	3,555	3,761

Capital and Leverage Ratios

Metric	Actual (31/12/2017)	Restated (31/12/2017)	Baseline Scenario (31/12/2018–2020)	Adverse Scenario (31/12/2018–2020)
Common Equity Tier 1 Capital (mln EUR)	40,861	40,250	41,143	41,992
Common Equity Tier 1 Ratio (%)	11.57%	11.38%	11.46%	11.62%
Fully Loaded Common Equity Tier 1 Ratio (%)	11.39%	11.24%	11.34%	11.62%
Tier 1 Capital (mln EUR)	49,514	48,902	49,822	50,672
Total Leverage Ratio Exposures (mln EUR)	1,150,217	1,150,217	1,150,217	1,150,217
Leverage Ratio (%)	4.30%	4.25%	4.33%	4.41%
Fully Loaded Leverage Ratio (%)	4.11%	4.07%	4.21%	4.41%

Credit Risk IRB (Internal Ratings-Based) Overview

France

Category	Exposure Values (mln EUR)	Risk Exposure Amounts (mln EUR)	Performing Exposure	Non Performing Exposure	Stock of Provisions	Of Which: from Non Performing Exposures	Coverage Ratio (%)
Central banks and central governments	76,589	40	156	0	0	0	35.9%
Institutions	19,615	8	1,116	2	3	0	49.9%
Corporates	90,469	5,320	46,685	47	2	0	51.4%
Corporates - Specialised Lending	4,959	0	2,534	0	0	0	57.4%
Corporates - SME	19,693	2,580	14,268	187	0	0	59.3%
Retail	124,217	0	22,165	628	0	0	59.0%
Retail - Secured on Real Estate	84,498	0	10,359	187	0	0	58.7%
Retail - SME	6,185	0	897	100	0	0	59.3%
Retail - non-SME	78,313	0	9,462	187	0	0	58.7%
Retail - Qualifying Revolving	4,650	0	2,147	579	0	0	361%
Retail - Other Retail	36,352	0	14,274	518	0	0	89.0%
Retail - Other Retail - SME	17,224	0	5,171	13	0	0	59.6%
Retail - Other Retail - non-SME	30,042	0	9,103	506	0	0	89.5%
Equity	-	-	4,833	0	0	0	-
Securitisation	-	-	-	-	-	-	-
Other non-credit obligation assets	-	-	19	0	0	0	-
IRB TOTAL	310,891	8,606	70,122	5,368	187	4,438	303,073

Germany

Category	Exposure Values (mln EUR)	Risk Exposure Amounts (mln EUR)	Performing Exposure	Non Performing Exposure	Stock of Provisions	Of Which: from Non Performing Exposures	Coverage Ratio (%)
Central banks and central governments	24,377	0	281	0	0	0	-
Institutions	25,719	0	339	0	0	0	-
Corporates	30,877	0	5,554	308	0	0	-
Corporates - Specialised Lending	30,877	0	1,291	6	0	0	-
Corporates - SME	30,877	0	1,827	147	0	0	-
Retail	30,877	0	3,316	349	0	0	-
Retail - Secured on Real Estate	30,877	0	2,422	191	0	0	-
Retail - SME	30,877	0	897	69	0	0	-
Retail - non-SME	30,877	0	9,462	74	0	0	-
Retail - Qualifying Revolving	30,877	0	66	15	0	0	-
Retail - Other Retail	30,877	0	829	143	0	0	-
Retail - Other Retail - SME	30,877	0	336	69	0	0	-
Retail - Other Retail - non-SME	30,877	0	493	74	0	0	-
Equity	-	-	24	0	0	0	-
Securitisation	-	-	-	-	-	-	-
Other non-credit obligation assets	-	-	-	-	-	-	-
IRB TOTAL	30,877	657	9,490	290	0	0	27,097

Switzerland

Category	Exposure Values (mln EUR)	Risk Exposure Amounts (mln EUR)	Performing Exposure	Non Performing Exposure	Stock of Provisions	Of Which: from Non Performing Exposures	Coverage Ratio (%)
Central banks and central governments	25,806	0	1,627	31	0	0	19.7%
Institutions	25,806	0	68	0	0	0	-
Corporates	25,806	0	1,466	8	0	0	24.3%
Corporates - Specialised Lending	25,806	0	272	0	0	0	-
Corporates - SME	25,806	0	25	6	0	0	34.6%
Retail	25,806	0	93	22	0	0	17.9%
Retail - Secured on Real Estate	25,806	0	17	17	0	0	0.5%
Retail - SME	25,806	0	0	0	0	0	-
Retail - non-SME	25,806	0	17	17	0	0	0.5%
Retail - Qualifying Revolving	25,806	0	16	3	0	0	89.7%
Retail - Other Retail	25,806	0	60	2	0	0	54.2%
Retail - Other Retail - SME	25,806	0	3	0	0	0	84.6%
Retail - Other Retail - non-SME	25,806	0	58	2	0	0	51.8%
Equity	-	-	0	0	0	0	-
Securitisation	-	-	-	-	-	-	-
Other non-credit obligation assets	-	-	-	-	-	-	-
IRB TOTAL	25,806	31	1,627	34	0	23,540	30

Key Observations

Net Interest Income: In the baseline scenario, net interest income is projected to decline from 11,292 mln EUR in 2017 to 9,884 mln EUR in 2020, indicating a potential pressure on income due to economic conditions.
Gains/Losses on Financial Assets: There is a significant drop in gains in the adverse scenario, with a loss of 2,878 mln EUR in 2018, which may indicate increased market volatility.
Impairment: Impairment on financial assets increases in the adverse scenario, reaching -5,125 mln EUR in 2018, which could reflect a rise in non-performing loans.
Profit/Loss for the Year: The bank experiences a sharp decline in profit under the adverse scenario, from 3,186 mln EUR in 2017 to -6,496 mln EUR in 2018, showing a potential risk to profitability.
Capital Ratios: The Common Equity Tier 1 ratio decreases significantly in the adverse scenario, from 11.57% in 2017 to 7.61% in 2020, indicating a risk to capital adequacy.
Leverage Ratio: The leverage ratio also declines in the adverse scenario, from 4.30% in 2017 to 3.33% in 2020, suggesting a reduction in capital relative to risk exposure.
Credit Risk Exposure: The IRB analysis provides detailed breakdowns of credit risk exposure across different categories, including central banks, institutions, corporates, and retail segments, with significant variations in risk exposure amounts and coverage ratios across countries.

This summary provides a clear overview of the financial performance and credit risk exposure of Société Générale S.A. under the 2018 EU-wide Stress Test, highlighting potential risks and capital adequacy under different scenarios.

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