EBA欧洲银行-ES_80H66LPTVDLM0P28XF25_TR_2015_21页_1mb

2015 EU-wide Transparency Exercise Summary - Banco Popular Espanol SA

Core Information

• Bank Name: Banco Popular Espanol SA
• LEI Code: 80H66LPTVDLM0P28XF25
• Country Code: ES (Spain)
• Exercise Year: 2015
• Reporting Period:
  • As of 31/12/2014
  • As of 30/06/2015

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Capital Structure

Own Funds

• 31/12/2014: 9,457 mln EUR
• 30/06/2015: 10,368 mln EUR
• Regulation: Articles 4(118) and 72 of CRR

Common Equity Tier 1 (CET1) Capital

• 31/12/2014: 9,096 mln EUR
• 30/06/2015: 9,872 mln EUR
• Regulation: Article 50 of CRR

CET1 Capital Instruments

• 31/12/2014: 8,172 mln EUR
• 30/06/2015: 8,210 mln EUR
• Regulation: Articles 26(1) points (a) and (b), 27 to 29, 36(1) point (f), and 42 of CRR

Retained Earnings

• 31/12/2014: 3,247 mln EUR
• 30/06/2015: 3,437 mln EUR
• Regulation: Articles 26(1) point (c), 26(2), and 36(1) points (a) and (f) of CRR

Accumulated Other Comprehensive Income

• 31/12/2014: -133 mln EUR
• 30/06/2015: -410 mln EUR
• Regulation: Articles 4(100), 26(1) point (d), and 36(1) point (f) of CRR

Other Reserves

• 31/12/2014: 699 mln EUR
• 30/06/2015: 599 mln EUR
• Regulation: Articles 4(117) and 26(1) point (e) of CRR

Deductions and Adjustments

• Intangible assets (including Goodwill):
  • 31/12/2014: -3,691 mln EUR
  • 30/06/2015: -3,721 mln EUR
• DTAs that rely on future profitability:
  • 31/12/2014: -593 mln EUR
  • 30/06/2015: -470 mln EUR
• IRB shortfall of credit risk adjustments to expected losses:
  • 31/12/2014: -788 mln EUR
  • 30/06/2015: -715 mln EUR
• Excess deduction from AT1 items over AT1 Capital:
  • 31/12/2014: -2,009 mln EUR
  • 30/06/2015: -478 mln EUR
• Deductible DTAs that rely on future profitability and arise from temporary differences:
  • 31/12/2014: 0 mln EUR
  • 30/06/2015: 0 mln EUR
• Holdings of CET1 capital instruments of financial sector entities where the institution does not have a significant investment:
  • 31/12/2014: 0 mln EUR
  • 30/06/2015: 0 mln EUR
• Holdings of CET1 capital instruments of financial sector entities where the institution has a significant investment:
  • 31/12/2014: 0 mln EUR
  • 30/06/2015: 0 mln EUR
• Amount exceeding the 17.65% threshold:
  • 31/12/2014: 0 mln EUR
  • 30/06/2015: 0 mln EUR
• Other CET1 capital elements and deductions:
  • 31/12/2014: -88 mln EUR
  • 30/06/2015: -80 mln EUR

Transitional Adjustments

• Transitional adjustments due to grandfathered CET1 Capital instruments:
  • 31/12/2014: 0 mln EUR
  • 30/06/2015: 0 mln EUR
• Transitional adjustments due to additional minority interests:
  • 31/12/2014: 16 mln EUR
  • 30/06/2015: 11 mln EUR
• Other transitional adjustments to CET1 Capital:
  • 31/12/2014: 4,299 mln EUR
  • 30/06/2015: 3,526 mln EUR

Tier 1 Capital

• 31/12/2014: 9,096 mln EUR
• 30/06/2015: 9,872 mln EUR
• Regulation: Article 25 of CRR

Tier 2 Capital

• 31/12/2014: 361 mln EUR
• 30/06/2015: 496 mln EUR
• Regulation: Article 71 of CRR

Additional Tier 1 Capital

• 31/12/2014: 0 mln EUR
• 30/06/2015: 0 mln EUR
• Regulation: Article 61 of CRR

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Risk Exposure Amounts

• Total Risk Exposure Amount:
  • 31/12/2014: 80,113 mln EUR
  • 30/06/2015: 80,029 mln EUR
• Regulation: Articles 92(3), 95, 96, and 98 of CRR

Breakdown by Risk Type

• Credit Risk:
  • 31/12/2014: 72,479 mln EUR
  • 30/06/2015: 72,052 mln EUR
• Securitisation and Re-securitisation (Banking Book):
  • 31/12/2014: 19 mln EUR
  • 30/06/2015: 13 mln EUR
• Contributions to the Default Fund of a CCP:
  • 31/12/2014: 0 mln EUR
  • 30/06/2015: 75 mln EUR
• Other Credit Risk:
  • 31/12/2014: 72,461 mln EUR
  • 30/06/2015: 71,965 mln EUR
• Market Risk (Position, Foreign Exchange, Commodities):
  • 31/12/2014: 668 mln EUR
  • 30/06/2015: 753 mln EUR
• Credit Valuation Adjustment (CVA):
  • 31/12/2014: 98 mln EUR
  • 30/06/2015: 355 mln EUR
• Operational Risk:
  • 31/12/2014: 6,869 mln EUR
  • 30/06/2015: 6,869 mln EUR

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Profit and Loss (P&L)

• Total Operating Income, Net:
  • 31/12/2014: 4,446 mln EUR
  • 30/06/2015: 1,947 mln EUR
• Interest Income:
  • 31/12/2014: 4,216 mln EUR
  • 30/06/2015: 1,921 mln EUR
• Interest Expenses:
  • 31/12/2014: 1,856 mln EUR
  • 30/06/2015: 724 mln EUR
• Dividend Income:
  • 31/12/2014: 11 mln EUR
  • 30/06/2015: 4 mln EUR
• Net Fee and Commission Income:
  • 31/12/2014: 664 mln EUR
  • 30/06/2015: 321 mln EUR
• Gains or (-) Losses on Derecognition of Financial Assets:
  • 31/12/2014: 1,277 mln EUR
  • 30/06/2015: 384 mln EUR
• Gains or (-) Losses on Financial Assets Held for Trading:
  • 31/12/2014: 32 mln EUR
  • 30/06/2015: 7 mln EUR
• Gains or (-) Losses from Hedge Accounting:
  • 31/12/2014: 27 mln EUR
  • 30/06/2015: 2 mln EUR
• Exchange Differences:
  • 31/12/2014: 46 mln EUR
  • 30/06/2015: 22 mln EUR
• Net Other Operating Income/(Expenses):
  • 31/12/2014: 29 mln EUR
  • 30/06/2015: 11 mln EUR

Profit or (-) Loss

• Profit or (-) Loss Before Tax from Continuing Operations:
  • 31/12/2014: 379 mln EUR
  • 30/06/2015: 252 mln EUR
• Profit or (-) Loss After Tax from Continuing Operations:
  • 31/12/2014: 330 mln EUR
  • 30/06/2015: 188 mln EUR
• Profit or (-) Loss for the Year:
  • 31/12/2014: 330 mln EUR
  • 30/06/2015: 188 mln EUR

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Capital Ratios

• Common Equity Tier 1 Capital Ratio:
  • 31/12/2014: 11.35%
  • 30/06/2015: 12.34%
• Tier 1 Capital Ratio:
  • 31/12/2014: 11.35%
  • 30/06/2015: 12.34%
• Total Capital Ratio:
  • 31/12/2014: 11.80%
  • 30/06/2015: 12.96%

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Credit Risk - Standardised Approach

• Standardised Total:
  • 31/12/2014: 92,363 mln EUR
  • 30/06/2015: 91,609 mln EUR
• Original Exposure:
  • 31/12/2014: 30,208 mln EUR (Central Governments)
  • 30/06/2015: 29,210 mln EUR (Central Governments)
• Exposure Value:
  • 31/12/2014: 29,157 mln EUR (Central Governments)
  • 30/06/2015: 29,052 mln EUR (Central Governments)
• Risk Exposure Amount:
  • 31/12/2014: 3,133 mln EUR (Central Governments)
  • 30/06/2015: 3,263 mln EUR (Central Governments)
• Value Adjustments and Provisions:
  • 31/12/2014: 4,707 mln EUR
  • 30/06/2015: 4,703 mln EUR

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Credit Risk - IRB Approach

• IRB Total:
  • 31/12/2014: 39,694 mln EUR
  • 30/06/2015: 39,898 mln EUR
• Original Exposure:
  • 31/12/2014: 38,188 mln EUR (Corporates)
  • 30/06/2015: 38,669 mln EUR (Corporates)
• Exposure Value:
  • 31/12/2014: 34,192 mln EUR (Corporates)
  • 30/06/2015: 33,210 mln EUR (Corporates)
• Risk Exposure Amount:
  • 31/12/2014: 18,446 mln EUR (Corporates)
  • 30/06/2015: 17,748 mln EUR (Corporates)
• Value Adjustments and Provisions:
  • 31/12/2014: 2,747 mln EUR
  • 30/06/2015: 2,143 mln EUR

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Sovereign Exposure

• GROSS DIRECT LONG EXPOSURES:
  • 31/12/2014: 0 mln EUR
  • 30/06/2015: 6 mln EUR (Czech Republic)
• NET DIRECT POSITIONS:
  • 31/12/2014: 0 mln EUR
  • 30/06/2015: 0 mln EUR
• DIRECT SOVEREIGN EXPOSURES IN DERIVATIVES:
  • 31/12/2014: 0 mln EUR
  • 30/06/2015: 0 mln EUR
• INDIRECT SOVEREIGN EXPOSURES:
  • 31/12/2014: 0 mln EUR
  • 30/06/2015: 0 mln EUR

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Summary of Key Information

Capital Components

• The bank's own funds increased from 9,457 mln EUR to 10,368 mln EUR.
• CET1 Capital rose from 9,096 mln EUR to 9,872 mln EUR.
• Tier 2 Capital increased from 361 mln EUR to 496 mln EUR.

Capital Ratios

• The CET1 Capital Ratio improved from 11.35% to 12.34%.
• The Tier 1 Capital Ratio also improved from 11.35% to 12.34%.
• The Total Capital Ratio increased from 11.80% to 12.96%.

Risk Exposure

• Total Risk Exposure Amount slightly decreased from 80,113 mln EUR to 80,029 mln EUR.
• Credit Risk remained relatively stable, with a slight decrease in the banking book.
• Market Risk increased from 668 mln EUR to 753 mln EUR.
• Operational Risk remained constant at 6,869 mln EUR.

P&L Highlights

• Operating Income decreased significantly from 4,446 mln EUR to 1,947 mln EUR.
• Net Fee and Commission Income dropped from 664 mln EUR to 321 mln EUR.
• Profit or (-) Loss declined from 330 mln EUR to 188 mln EUR.

Credit Risk Approaches

• Standardised Approach: Total risk exposure amount was 32,785 mln EUR in 2014 and 32,079 mln EUR in 2015.
• IRB Approach: Total risk exposure amount was 39,694 mln EUR in 2014 and 39,898 mln EUR in 2015.

Sovereign Exposure

• No significant sovereign exposure was reported, except for a minor exposure of 6 mln EUR in the Czech Republic as of 30/06/2015.

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Key Regulatory References

• CET1 Capital: Article 50 of CRR
• Tier 1 Capital: Article 25 of CRR
• Tier 2 Capital: Article 71 of CRR
• Risk Exposure Amounts: Articles 92(3), 95, 96, and 98 of CRR
• Capital Instruments: Articles 26(1) points (a) and (b), 27 to 29, 36(1) point (f), and 42 of CRR
• Transitional Adjustments: Articles 469 to 477, 478, 481, and 483 to 487 of CRR