2014 EU-wide Stress Test Summary for BE - AXA Bank Europe SA
Core Information
Bank Name: BE - AXA Bank Europe SA
LEI Code: LSGM84136ACA92XCN876
Report Period: 2013 - 2016
Stress Test Type: Adverse Scenario & Baseline Scenario
Key Financial Metrics
Actual Figures as of 31 December 2013
Metric
Value (in EUR, %)
Operating profit before impairments
13
Impairment losses on financial and non-financial assets in the banking book
66
Common Equity Tier 1 (CET1) capital
770
Total Risk Exposure
5,255
CET1 ratio
14.7%
Outcome of the Adverse Scenario as of 31 December 2016
Metric
Value (in EUR, %)
3 yr cumulative operating profit before impairments
6
3 yr cumulative impairment losses on financial and non-financial assets in the banking book
489
3 yr cumulative losses from the stress in the trading book
220
Valuation losses due to sovereign shock after tax and prudential filters
40
CET1 capital
314
Total Risk Exposure
9,353
CET1 ratio
3.4%
Outcome of the Baseline Scenario as of 31 December 2016
Metric
Value (in EUR, %)
3 yr cumulative operating profit before impairments
3
3 yr cumulative impairment losses on financial and non-financial assets in the banking book
105
3 yr cumulative losses from the stress in the trading book
105
CET1 capital
735
Total Risk Exposure
5,775
CET1 ratio
12.7%
Memorandum Items
Adverse Scenario
Item
Value (in EUR)
Common EU wide CET1 Threshold (5.5%)
514
Total amount of instruments with mandatory conversion into ordinary shares upon a fixed date in the 2014 - 2016 period (cumulative conversions)
0
Total Additional Tier 1 and Tier 2 instruments eligible as regulatory capital under the CRR provisions that convert into CET1 or are written down upon a trigger event
0
Of which: eligible instruments whose trigger is above CET1 capital ratio in the adverse scenario
0
Baseline Scenario
Item
Value (in EUR)
Common EU wide CET1 Threshold (8.0%)
462
Exposure Breakdown (as of 31 December 2013)
Summary Table
Asset Type
LTV %
Exposure Values (F-IRB, A-IRB, STA)
Risk Exposure Amounts (F-IRB, A-IRB, STA)
Value Adjustments and Provisions (F-IRB, A-IRB, STA)
Non-defaulted
-
F-IRB: 0, A-IRB: 0, STA: 0
F-IRB: 0, A-IRB: 0, STA: 0
F-IRB: 0, A-IRB: 0, STA: 0
Defaulted
-
F-IRB: 0, A-IRB: 0, STA: 0
F-IRB: 0, A-IRB: 0, STA: 0
F-IRB: 0, A-IRB: 0, STA: 0
Total
306
F-IRB: 15,937, A-IRB: 2,093, STA: 0
F-IRB: 2,373, A-IRB: 58, STA: 7
F-IRB: 1,778, A-IRB: 49, STA: 160
Risk Exposure by Sector
Baseline Scenario
Sector
Impairment Rate
Stock of Provisions
Coverage Ratio - Default Stock
2014
0.00%
0
-
2015
0.00%
0
0.00%
2016
0.00%
0
0.00%
Adverse Scenario
Sector
Impairment Rate
Stock of Provisions
Coverage Ratio - Default Stock
2014
0.00%
0
0.00%
2015
0.00%
0
0.00%
2016
0.00%
0
0.00%
Additional Notes
The data reflects the CET1 capital and Total Risk Exposure as of 31 December 2013, computed as of the first day of application (01/01/2014).
The CET1 ratio is calculated based on CRR/CRD4 definitions with transitional arrangements.
Securitisation and re-securitisations positions are deducted from capital and not included in Risk Weighted Assets (RWA).
In the Adverse Scenario, there are no instruments with mandatory conversion into ordinary shares or eligible instruments that convert into CET1 or are written down upon a trigger event.
