EBA欧洲银行-MT_529900RWC8ZYB066JF16_TR_2018_20页_2mb

2018 EU-wide Transparency Exercise Summary: Bank of Valletta Plc

Core Information

• Bank Name: Bank of Valletta Plc
• LEI Code: 529900RWC8ZYB066JF16
• Country Code: MT (Malta)
• Exercise Period: 2018 EU-wide Transparency Exercise

Capital Structure and Ratios (Transitional Period)

Own Funds

• Own Funds (min EUR):

  • As of 31/12/2017: 930
  • As of 30/06/2018: 940
  • COREP CODE: C:0.00 (010;010)
  • Regulation: Articles 4(118) and 72 of CRR

• Common Equity Tier 1 (CET1) Capital:

  • As of 31/12/2017: 773
  • As of 30/06/2018: 795
  • COREP CODE: C:0.00 (020;010)
  • Regulation: Article 50 of CRR

• CET1 Capital Components:

  • A.1.1: Capital instruments eligible as CET1 (including share premium)
    • 2017: 570, 2018: 580
    • COREP CODE: C:0.00 (030;010)
    • Regulation: Articles 26(1) points (a) and (b), 27 to 29, 36(1) point (f) and 42 of CRR
  • A.1.2: Retained earnings
    • 2017: 246, 2018: 256
    • COREP CODE: C:0.00 (030;010)
    • Regulation: Articles 26(1) point (c), 26(2) and 36 (1) points (a) and (f) of CRR
  • A.1.3: Accumulated other comprehensive income
    • 2017: 4, 2018: 10
    • COREP CODE: C:0.00 (018;010)
    • Regulation: Articles 4(100), 26(1) point (d) and 36 (1) point (f) of CRR
  • A.1.4: Other Reserves
    • 2017: 29, 2018: 29
    • COREP CODE: C:0.00 (000;010)
    • Regulation: Articles 4(117) and 26(1) point (e) of CRR
  • A.1.5: Funds for general banking risk
    • 2017: 5, 2018: 6
    • COREP CODE: C:0.00 (021;010)
    • Regulation: Articles 4(112), 26(1) point (f) and 36 (1) point (f) of CRR
  • A.1.19: Additional deductions of CET1 Capital due to Article 3 CRR
    • 2017: -46, 2018: -46
    • COREP CODE: C:0.00 (524;010)
    • Regulation: Article 3 CRR

• Additional Tier 1 (AT1) Capital:

  • As of 31/12/2017: 0
  • As of 30/06/2018: 0
  • COREP CODE: C:0.00 (530;010)
  • Regulation: Article 61 of CRR

• Tier 1 Capital:

  • As of 31/12/2017: 773
  • As of 30/06/2018: 795
  • COREP CODE: C:0.00 (615;010)
  • Regulation: Article 25 of CRR

• Tier 2 Capital:

  • As of 31/12/2017: 157
  • As of 30/06/2018: 145
  • COREP CODE: C:0.00 (750;010)
  • Regulation: Article 71 of CRR

Capital Ratios (Transitional Period)

• Common Equity Tier 1 Ratio:
  • 2017: 16.15%
  • 2018: 16.72%
  • COREP CODE: GA3 (1)
• Tier 1 Ratio:
  • 2017: 16.15%
  • 2018: 16.72%
  • COREP CODE: GA3 (3)
• Total Capital Ratio:
  • 2017: 19.43%
  • 2018: 19.77%
  • COREP CODE: GA3 (5)

Fully Loaded CET1 Capital Ratio

• CET1 Capital (Fully loaded):
  • 2017: 780
  • 2018: 795
  • COREP CODE: [D:A-1.F-8.1]
• CET1 Ratio (Fully loaded):
  • 2017: 16.29%
  • 2018: 16.72%

Transitional Adjustments

• A.1.21: Transitional adjustments
  • 2017: -7, 2018: 0
  • COREP CODE: GAI (1.1.6 + 1.1.8 + 1.1.1.26)
• A.1.21.1: Transitional adjustments due to grandfathered CET1 instruments
  • 2017: 0, 2018: 0
  • COREP CODE: C:0.00 (0226;010)
  • Regulation: Articles 48(3)1 point (3), and 494 to 487 of CRR
• A.1.21.2: Transitional adjustments due to additional minority interests
  • 2017: 0, 2018: 0
  • COREP CODE: C:0.00 (0246;010)
  • Regulation: Articles 479 and 480 of CRR
• A.1.21.3: Other transitional adjustments to CET1
  • 2017: -7, 2018: 0
  • COREP CODE: C:0.00 (528;010)
  • Regulation: Articles 469 to 472, 478 and 481 of CRR

Leverage Ratio

• Tier 1 Capital (Transitional definition):
  • 2017: 773, 2018: 795
  • COREP CODE: C 47.00 (r320,c010)
• Tier 1 Capital (Fully phased-in definition):
  • 2017: 780, 2018: 795
  • COREP CODE: C 47.00 (r310,c010)
• Total Leverage Ratio Exposures (Transitional definition):
  • 2017: 12,108, 2018: 12,113
  • COREP CODE: C 47.00 (r300,c010)
• Total Leverage Ratio Exposures (Fully phased-in definition):
  • 2017: 12,115, 2018: 12,113
  • COREP CODE: C 47.00 (r290,c010)
• Leverage Ratio (Transitional definition):
  • 2017: 6.4%, 2018: 6.6%
  • COREP CODE: C 47.00 (r340,c010)
• Leverage Ratio (Fully phased-in definition):
  • 2017: 6.4%, 2018: 6.6%
  • COREP CODE: C 47.00 (r330,c010)
• Regulation: Article 429 of the CRR; Delegated Regulation (EU) 2015/62

Risk Exposure Amounts

• Total Risk Exposure Amount:
  • 2017: 4,785, 2018: 4,755
• Credit Risk Exposure Amount:
  • 2017: 4,327, 2018: 4,299
• Market Risk Exposure Amount:
  • 2017: 2, 2018: 2
  • Breakdown:
    • Foreign Exchange Risk: 2 (2017), 2 (2018)
    • Commodities Risk: 0 (2017), 0 (2018)
    • Other Risk Exposure Amounts: 0 (2017), 0 (2018)

Profit and Loss (P&L)

• Interest Income:
  • 2017: 259, 2018: 108
• Interest Expenses:
  • 2017: 76, 2018: 29
• Net Fee and Commission Income:
  • 2017: 86, 2018: 40
• Gains or Losses on Derecognition of Financial Assets and Liabilities:
  • 2017: -1, 2018: -3
• Gains or Losses on Financial Assets Held for Trading:
  • 2017: 0, 2018: 1
• Gains or Losses on Financial Assets at Fair Value through Profit or Loss:
  • 2017: -2, 2018: 0
• Gains or Losses from Hedge Accounting:
  • 2017: 8, 2018: 2
• Exchange Differences:
  • 2017: 24, 2018: 7
• Net Other Operating Income/(Expenses):
  • 2017: 0, 2018: -11
• Total Operating Income, Net:
  • 2017: 300, 2018: 116
• Administrative Expenses:
  • 2017: 139, 2018: 122
• Depreciation:
  • 2017: 12, 2018: 5
• Profit or Loss from Continuing Operations (After Tax):
  • 2017: 119, 2018: 13

Credit Risk - Standardised Approach

• Standardised Total Risk Exposure Amount:
  • 2017: 4,327, 2018: 4,299
• Breakdown of Risk Exposure:
  • Central Governments or Central Banks:
    • 2017: 3,813, 2018: 3,872
  • Regional Governments or Local Authorities:
    • 2017: 264, 2018: 257
  • Public Sector Entities:
    • 2017: 73, 2018: 72
  • Corporates (of which SME):
    • 2017: 3,203 (SME: 1,995), 2018: 3,062 (SME: 1,944)
  • Retail (of which SME):
    • 2017: 955 (SME: 66), 2018: 960 (SME: 70)
  • Secured by Mortgages on Immovable Property (of which SME):
    • 2017: 2,658 (SME: 766), 2018: 2,731 (SME: 773)
  • Exposures in Default:
    • 2017: 298, 2018: 342
  • Items Associated with Particularly High Risk:
    • 2017: 37, 2018: 42
  • Covered Bonds: 0 (2017), 0 (2018)
  • Other Exposures:
    • 2017: 508, 2018: 524
  • Value Adjustments and Provisions:
    • 2017: 246, 2018: 238

Notes

• The fully loaded CET1 capital ratio is based on the formulae in the "COREP CODE" column.
• P&L items for December 2017 refer to one quarter, while items for June 2018 refer to three quarters.
• The P&L data is reported for the financial year ending in September, which may differ from other banks in the sample.
• The "Original Exposure" is reported before applying credit conversion factors or risk mitigation techniques.
• The "Value adjustments and provisions" include general credit risk adjustments but exclude countervailing reasons and additional valuation adjustments (AVAs) for securitization exposures.