EBA欧洲银行-EBA_TR_FI_7437003B5WFBOIEFY714_29页_5mb

报告摘要

2016 EU-wide Stress Test Summary for OP Financial Group

Core Information

Institution Name: OP Financial Group (formerly OP Osuskunta)
LEI Code: 7437003B5WFBOIEFY714
Country Code: FI
Stress Test Period: 31/12/2015 to 31/12/2018

Financial Performance

Item	Actual (31/12/2015)	Baseline Scenario (31/12/2018)	Adverse Scenario (31/12/2018)
Cumulative 3y: Net Interest Income	-	2,845.18	1,975.86
Cumulative 3y: Gains or (-) Losses on Financial Assets	-	219.40	-85.81
Cumulative 3y: Impairment or (-) Reversal of Impairment	-	-284.78	-798.22
Cumulative 3y: Profit or (-) Loss for the Year	-	1,481.36	-175.91
Coverage Ratio - Default Stock	40.06%	23.23%	21.80%
Common Equity Tier 1 Capital	8,053.16	8,827.33	6,767.40
Common Equity Tier 1 Ratio, %	19.5%	21.2%	14.9%
Fully Loaded Common Equity Tier 1 Ratio, %	19.2%	20.9%	14.6%
Tier 1 Capital	8,193.82	8,907.96	6,848.02
Leverage Ratio, %	7.2%	7.8%	6.0%
Fully Loaded Leverage Ratio, %	7.0%	7.6%	5.8%
Total Leverage Ratio Exposures	113,895.08	113,895.08	113,895.08

Exposure and Risk Analysis

Category	Exposure Values (A-IRB)	Exposure Values (F-IRB)	Risk Exposure Amounts (A-IRB)	Risk Exposure Amounts (F-IRB)	Stock of Provisions (A-IRB)	Stock of Provisions (F-IRB)	Coverage Ratio - Default Stock
Central banks and central governments	0 / 0	0 / 0	0 / 0	0 / 0	0 / 0	0 / 0	0.0%
Institutions	0 / 0	0 / 0	7,206 / 0	1,149 / 0	0 / 0	0 / 0	0.0%
Corporates	0 / 0	29,351 / 745	0 / 0	19,587 / 0	0 / 0	34 / 50.1%	50.1%
Corporates - SME	0 / 0	10,431 / 306	0 / 0	7,202 / 0	0 / 0	2 / 39.2%	39.2%
Retail	48,577 / 386	0 / 0	3,550 / 427	29,394 / 2	0 / 83	38 / 40.3%	40.3%
Retail - Secured on Real Estate Property	43,168 / 289	0 / 0	2,127 / 276	29,394 / 2	0 / 40	38 / 40.3%	40.3%
Retail - Secured on Real Estate Property - SME	814 / 26	0 / 0	105 / 25	0 / 0	0 / 2	0 / 9.1%	9.1%
Retail - Secured on Real Estate Property - non-SME	42,354 / 262	0 / 0	2,112 / 251	0 / 0	0 / 37	0 / 14.2%	14.2%
Retail - Other Retail	5,409 / 98	0 / 0	1,333 / 159	0 / 0	0 / 43	0 / 44.5%	44.5%
Retail - Other Retail - SME	675 / 27	0 / 0	260 / 68	0 / 0	0 / 8	0 / 29.7%	29.7%
Retail - Other Retail - non-SME	4,733 / 70	0 / 0	1,073 / 82	0 / 0	0 / 35	0 / 50.3%	50.3%
Equity	0 / 0	2,607 / 1	0 / 0	7,411 / 2	0 / 0	4 / 0.0%	0.0%

Key Observations

Profitability: The institution experienced a net profit of 1,481.36 mln EUR in the baseline scenario but faced a loss of 175.91 mln EUR in the adverse scenario, indicating potential vulnerability to economic downturns.
Capital Adequacy:
- The Common Equity Tier 1 ratio dropped from 19.5% to 14.6% in the adverse scenario, suggesting a significant decline in capital strength.
- The leverage ratio also declined from 7.2% to 5.8% in the adverse scenario, highlighting increased leverage and potential risk.
Risk Exposure:
- Total risk exposure increased from 41,342.02 mln EUR to 45,421.94 mln EUR in the adverse scenario.
- Retail sector showed the highest risk exposure, with significant amounts in both A-IRB and F-IRB categories.
Provisions:
- The stock of provisions for defaulted assets was relatively low, with the highest percentage in the "Other Retail" category (44.5%).
- The coverage ratio for default stock decreased from 40.06% to 21.80%, indicating a reduced ability to absorb potential losses in adverse conditions.
Eligible Instruments:
- There were no instruments with mandatory conversion into ordinary shares or eligible to be written down in the adverse scenario, as per the CRR provisions.

Summary

The 2016 EU-wide Stress Test results for OP Financial Group show a decline in financial performance under adverse conditions, with a significant drop in profitability and capital ratios. The institution's risk exposure increased, particularly in the retail sector, and the coverage ratio for default stock decreased, raising concerns about its ability to withstand economic stress. The results indicate the need for careful monitoring of capital adequacy and risk management practices.

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