2014 EU-wide Stress Test Summary - FR-BNP Paribas
Core Content
The document presents the results of the 2014 EU-wide Stress Test for FR-BNP Paribas, including both the Baseline Scenario and the Adverse Scenario. The test evaluates the resilience of the bank's capital and risk exposure under different economic conditions, providing insights into its financial health and regulatory compliance.
Main Points
Bank Information
- Bank Name: FR-BNP Paribas
- LEI Code: R0MUWSFPU8MPRO8K5P83
Adverse Scenario Outcomes (as of 31 December 2016)
- 3-year cumulative operating profit before impairments: 12,375 min EUR
- 3-year cumulative impairment losses on financial and non-financial assets in the banking book: 25,228 min EUR
- 3-year cumulative losses from the stress in the trading book: 6,788 min EUR
- Valuation losses due to sovereign shock after tax and prudential filters: 676 min EUR
- Common Equity Tier 1 (CET1) capital: 55,249 min EUR
- Total Risk Exposure: 684,617 min EUR
- CET1 ratio: 8.1%
Baseline Scenario Outcomes (as of 31 December 2016)
- 3-year cumulative operating profit before impairments: 18,758 min EUR
- 3-year cumulative impairment losses on financial and non-financial assets in the banking book: 14,307 min EUR
- 3-year cumulative losses from the stress in the trading book: 4,815 min EUR
- CET1 capital: 67,704 min EUR
- Total Risk Exposure: 642,161 min EUR
- CET1 ratio: 10.5%
CET1 Threshold
- Common EU-wide CET1 Threshold (5.5%): 37,654 min EUR
- Common EU-wide CET1 Threshold (8.0%): 51,373 min EUR
Key Information
Baseline Scenario (as of 31 December 2013)
- Operating profit before impairments: 11,993 min EUR
- Impairment losses on financial and non-financial assets in the banking book: 6,430 min EUR
- CET1 capital: 65,508 min EUR
- Total Risk Exposure: 622,205 min EUR
- CET1 ratio: 10.5%
Adverse Scenario (as of 31 December 2013)
- Operating profit before impairments: 11,993 min EUR
- Impairment losses on financial and non-financial assets in the banking book: 6,430 min EUR
- CET1 capital: 65,508 min EUR
- Total Risk Exposure: 622,205 min EUR
- CET1 ratio: 10.5%
Risk Exposure and Impairment Details
Baseline Scenario (2014 - 2016)
| Year |
Impairment Rate |
Stock of Provisions |
Coverage Ratio - Default Stock |
| 2014 |
0.03% |
221 |
22.91% |
| 2015 |
0.02% |
255 |
20.26% |
| 2016 |
0.02% |
287 |
18.84% |
Adverse Scenario (2014 - 2016)
| Year |
Impairment Rate |
Stock of Provisions |
Coverage Ratio - Default Stock |
| 2014 |
0.18% |
449 |
36.39% |
| 2015 |
0.17% |
693 |
37.52% |
| 2016 |
0.15% |
912 |
38.04% |
Exposure and Risk Breakdown
Baseline Scenario (as of 31 December 2013)
| Exposure Type |
F-IRB (Non-defaulted) |
F-IRB (Defaulted) |
A-IRB (Non-defaulted) |
A-IRB (Defaulted) |
STA (Non-defaulted) |
STA (Defaulted) |
| Central banks and central governments |
0 |
0 |
200,733 |
327 |
25,453 |
14 |
| Institutions |
0 |
0 |
92,563 |
743 |
63,163 |
362 |
| Corporates |
0 |
0 |
330,205 |
18,719 |
86,952 |
4,396 |
| Corporates - Specialised Lending |
0 |
0 |
41,624 |
1,804 |
130 |
0 |
| Corporates - SME |
0 |
0 |
19,645 |
4,345 |
5,617 |
540 |
| Retail |
0 |
0 |
182,668 |
8,108 |
134,203 |
5,363 |
| Retail - Secured on real estate property |
0.0% |
0 |
100,341 |
1,588 |
62,674 |
2,363 |
| Retail - SME |
0 |
0 |
0 |
0 |
0 |
0 |
| Retail - non-SME |
0 |
0 |
0 |
0 |
0 |
0 |
| Equity |
13,269 |
0 |
43,277 |
0 |
0 |
0 |
| Securitisation |
12,302 |
350 |
10,535 |
1,590 |
2,015 |
438 |
| Other non-credit obligation assets |
0 |
0 |
0 |
0 |
93 |
100 |
| TOTAL |
25,571 |
350 |
815,909 |
27,933 |
409,083 |
10,177 |
Adverse Scenario (as of 31 December 2013)
| Exposure Type |
F-IRB (Non-defaulted) |
F-IRB (Defaulted) |
A-IRB (Non-defaulted) |
A-IRB (Defaulted) |
STA (Non-defaulted) |
STA (Defaulted) |
| Central banks and central governments |
0 |
0 |
0 |
0 |
0 |
0 |
| Institutions |
0 |
0 |
0 |
0 |
0 |
0 |
| Corporates |
0 |
0 |
0 |
0 |
0 |
0 |
| Corporates - Specialised Lending |
0 |
0 |
0 |
0 |
0 |
0 |
| Corporates - SME |
0 |
0 |
0 |
0 |
0 |
0 |
| Retail |
0 |
0 |
0 |
0 |
0 |
0 |
| Retail - Secured on real estate property |
0.0% |
0 |
0 |
0 |
0 |
0 |
| Retail - SME |
0 |
0 |
0 |
0 |
0 |
0 |
| Retail - non-SME |
0 |
0 |
0 |
0 |
0 |
0 |
| Equity |
8,132 |
0 |
26,821 |
0 |
0 |
0 |
| Securitisation |
3 |
0 |
0 |
0 |
0 |
0 |
| Other non-credit obligation assets |
0 |
0 |
0 |
0 |
0 |
0 |
| TOTAL |
8,135 |
0 |
254,975 |
0 |
107,034 |
0 |
Notes
- Securitisation and re-securitisations positions deducted from capital are excluded from capital calculation and not included in Risk Weighted Assets (RWA).
- CET1 Thresholds are defined under CRR/CRD4 transitional arrangements.
- The Baseline Scenario reflects a more optimistic outlook, while the Adverse Scenario assumes a more severe economic downturn, resulting in lower CET1 ratios and higher impairment losses.
