2016 EU-wide Stress Test Summary
Core Information
- Bank Name: Skandinaviska Enskilda Banken - group
- LEI Code: F3JS33DEI6XQ4ZBPTN86
- Country Code: SE (Sweden)
Key Financial Indicators
| Metric |
Actual (31/12/2015) |
Baseline Scenario (31/12/2018) |
Adverse Scenario (31/12/2018) |
| Net Interest Income (3y Cumulative) |
- |
5,980.94 |
5,417.21 |
| Gains/Losses on Financial Assets (3y Cumulative) |
- |
1,410.84 |
538.97 |
| Impairment Reversal (3y Cumulative) |
- |
-405.11 |
-663.53 |
| Profit/Loss for the Year (3y Cumulative) |
- |
3,768.54 |
1,352.41 |
| Coverage Ratio - Default Stock |
28.35% |
26.84% |
28.39% |
| Common Equity Tier 1 (CET1) Capital |
11,700.24 |
13,535.89 |
12,473.73 |
| CET1 Ratio |
18.8% |
21.5% |
16.6% |
| Fully Loaded CET1 Ratio |
18.8% |
21.5% |
16.6% |
| Tier 1 Capital |
13,207.06 |
15,042.71 |
13,980.55 |
| Total Risk Exposure Amount |
62,081.47 |
62,818.84 |
75,142.89 |
| Total Leverage Ratio Exposures |
267,912.16 |
267,912.16 |
267,912.16 |
| Leverage Ratio |
4.9% |
5.6% |
5.2% |
| Fully Loaded Leverage Ratio |
4.7% |
5.6% |
5.2% |
Main Findings
Overall Performance
- The bank shows a stable trend in CET1 capital and leverage ratio across both baseline and adverse scenarios, with a slight decrease in the CET1 ratio under the adverse scenario.
- The coverage ratio for default stock remains relatively consistent, indicating a stable ability to absorb potential losses.
Credit Risk Exposure
The table provides detailed breakdowns of credit risk exposure across different categories, categorized by A-IRB (Advanced Internal Ratings-Based) and F-IRB (Foundation IRB) methods.
Exposure Values
| Category |
A-IRB (Non-defaulted) |
A-IRB (Defaulted) |
F-IRB (Non-defaulted) |
F-IRB (Defaulted) |
| Central banks and central governments |
0 |
0 |
0 |
0 |
| Institutions |
5.579 |
12 |
5.079 |
0 |
| Corporates |
74.221 |
267 |
28.695 |
537 |
| Corporates - Specialised Lending |
2.921 |
0 |
2.009 |
149 |
| Corporates - SME |
15.366 |
115 |
6.151 |
239 |
| Retail |
58.346 |
367 |
0 |
0 |
| Retail - Secured on real estate property |
51.446 |
229 |
0 |
0 |
| Retail - SME |
130 |
0 |
0 |
0 |
| Retail - non-SME |
51.316 |
225 |
0 |
0 |
| Retail - Qualifying Revolving |
62 |
1 |
0 |
0 |
| Retail - Other Retail |
6.838 |
137 |
0 |
0 |
| Retail - SME |
102 |
0 |
0 |
0 |
| Retail - non-SME |
6.286 |
127 |
0 |
0 |
| IRB TOTAL |
138.146 |
643 |
33.774 |
537 |
Risk Exposure Amounts
| Category |
A-IRB (Non-defaulted) |
A-IRB (Defaulted) |
F-IRB (Non-defaulted) |
F-IRB (Defaulted) |
| Central banks and central governments |
0 |
0 |
0 |
0 |
| Institutions |
1.598 |
10 |
861 |
0 |
| Corporates |
19.462 |
846 |
13.143 |
3 |
| Corporates - Specialised Lending |
1.172 |
0 |
1.286 |
0 |
| Corporates - SME |
8 |
38 |
33 |
27.6% |
| Corporates - non-SME |
11 |
6 |
0 |
0 |
| Retail |
5.650 |
115 |
0 |
0 |
| Retail - Secured on real estate property |
3.451 |
1 |
0 |
0 |
| Retail - SME |
0 |
0 |
0 |
0 |
| Retail - non-SME |
23 |
67 |
0 |
0 |
| IRB TOTAL |
26.710 |
969 |
14.004 |
3 |
Stock of Provisions
| Category |
A-IRB (Non-defaulted) |
A-IRB (Defaulted) |
F-IRB (Non-defaulted) |
F-IRB (Defaulted) |
| Central banks and central governments |
0 |
0 |
0 |
0 |
| Institutions |
0 |
0 |
0 |
0 |
| Corporates |
68 |
78 |
33 |
27.6% |
| Corporates - Specialised Lending |
4 |
0 |
4 |
39.2% |
| Corporates - SME |
3 |
0 |
3 |
68 |
| Corporates - non-SME |
11 |
0 |
0 |
0 |
| Retail |
38 |
128 |
0 |
0 |
| Retail - Secured on real estate property |
0 |
0 |
0 |
0 |
| Retail - SME |
0 |
0 |
0 |
0 |
| Retail - non-SME |
23 |
67 |
0 |
0 |
| IRB TOTAL |
159 |
206 |
33 |
143 |
Coverage Ratio - Default Stock
- Default Stock Ratio: 33.71% (calculated as stock of provisions / default stock)
Country-Wise Analysis
Sweden
- Total Risk Exposure Amount: 92,506 mln EUR
- Total Leverage Ratio Exposures: 92,506 mln EUR
- Coverage Ratio - Default Stock: 37.9%
Germany
- Total Risk Exposure Amount: 13,085 mln EUR
- Total Leverage Ratio Exposures: 13,085 mln EUR
- Coverage Ratio - Default Stock: 48.0%
Norway
- Total Risk Exposure Amount: 5,641 mln EUR
- Total Leverage Ratio Exposures: 5,641 mln EUR
- Coverage Ratio - Default Stock: 48.0%
United States
- Total Risk Exposure Amount: 2,417 mln EUR
- Total Leverage Ratio Exposures: 2,417 mln EUR
- Coverage Ratio - Default Stock: 12.2%
Lithuania
- Total Risk Exposure Amount: 3,275 mln EUR
- Total Leverage Ratio Exposures: 3,275 mln EUR
- Coverage Ratio - Default Stock: 31.3%
Key Observations
- The bank's CET1 capital and leverage ratio remain relatively stable, with minimal impact from the adverse scenario.
- Credit risk exposure is distributed across various categories, with corporates and retail being the main contributors.
- The coverage ratio for default stock indicates the bank's ability to cover potential losses, with varying levels across different countries.
- SMEs and non-SMEs show different levels of risk exposure, with non-SMEs generally having higher exposure amounts.
