2016 EU-wide Transparency Exercise Summary for First Investment Bank
Core Information
Bank Name: First Investment Bank
LEI Code: 549300UY81ESCZJ0GR95
Country Code: BG (Bulgaria)
Reporting Period: As of 31/12/2015 and 30/06/2016
Capital Structure (Transitional Period)
Own Funds
Item
As of 31/12/2015
As of 30/06/2016
COREP CODE
Regulation
A
479
478
C 0.00 (010,010)
Articles 4(118) and 72 of CRR
A.1
367
379
C 0.00 (020,010)
Article 50 of CRR
A.1.1
106
106
C 0.00 (030,010)
Articles 26(1) points (a) and (b), 27 to 29, 36(1) point (f) and 42 of CRR
A.1.3
9
13
C 0.00 (0180,010)
Articles 4(100), 26(1) point (d) and 36 (1) point (f) of CRR
A.1.4
258
268
C 0.00 (0200,010)
Articles 4(117) and 26(1) point (e) of CRR
A.1.6
1
1
C 0.00 (0230,010)
Article 84 of CRR
A.1.21.3
-2
-3
C 0.00 (0520,010)
Articles 469 to 472, 478 and 481 of CRR
Capital Ratios (Transitional Period)
Item
As of 31/12/2015
As of 30/06/2016
C.1
11.28%
11.83%
C.2
14.23%
14.88%
C.3
14.72%
14.91%
Fully Loaded CET1 Capital
Item
As of 31/12/2015
As of 30/06/2016
D
368
382
E
11.33%
11.92%
Tier 2 Capital
Item
As of 31/12/2015
As of 30/06/2016
A.4
16
1
Risk Exposure Amounts
Risk Type
As of 31/12/2015 (mEUR)
As of 30/06/2016 (mEUR)
Credit Risk
3,250
3,206
Market Risk
3
16
Breakdown of Risk Exposure Amount (Credit Risk)
Category
As of 31/12/2015
As of 30/06/2016
Credit Risk
2,984
2,894
Market Risk
3
16
Operational Risk
263
296
Capital Ratios (Standardised Approach)
Item
As of 31/12/2015
As of 30/06/2016
CET1
11.33%
11.92%
Tier 1
14.23%
14.88%
Total Capital
14.72%
14.91%
Key Observations
Capital Trends: The bank showed an increase in CET1 capital from 367 mEUR to 379 mEUR, and Tier 1 capital from 462 mEUR to 477 mEUR during the transitional period.
Tier 2 Capital: There was a significant decline in Tier 2 capital from 16 mEUR to 1 mEUR, indicating a possible shift in capital structure.
Risk Exposure: Total risk exposure decreased from 3,250 mEUR to 3,206 mEUR. Credit risk exposure decreased slightly from 2,984 mEUR to 2,894 mEUR, while market risk increased from 3 mEUR to 16 mEUR.
Operational Risk: Increased from 263 mEUR to 296 mEUR, reflecting a rise in operational risk exposure.
Transitional Adjustments: Several adjustments were made to CET1 capital, with a net reduction of -2 mEUR in 2015 and -3 mEUR in 2016, as per the transitional adjustments.
Summary of Regulatory References
CET1 Capital: Governed by Articles 26(1) points (a) to (d), 36(1) point (f), 42, 84, and 481 of CRR.
Tier 2 Capital: Governed by Article 71 of CRR.
Capital Ratios: Based on Articles 4(118), 4(117), 4(112), 4(100), 4(109), 4(122), 4(27), and 483(1) to (3) of CRR.
Risk Exposure Amounts: Covered by Articles 92(3), 95, 96, and 98 of CRR.
Additional Notes
The fully loaded CET1 capital ratio is calculated using a formula referenced in the COREP CODE column.
The total risk exposure amount includes all types of risk, such as credit, market, and operational.
The values for risk exposure are reported before considering credit conversion factors or credit risk mitigation techniques.
The bank's capital structure and risk exposure data are aligned with the EU regulatory framework, particularly the Capital Requirements Regulation (CRR).
