2017 EU-wide Transparency Exercise Summary - First Investment Bank
Core Information
Bank Name: First Investment Bank
LEI Code: 549300UY81ESCZJ0GR95
Country Code: BG (Bulgaria)
Capital Structure (Transitional Period)
Item
As of 31/12/2016 (EUR)
As of 30/06/2017 (EUR)
COREP Code
Regulation
Own Funds
479
528
C 0.00 (010,010)
Articles 4(118) and 72 of CRR
CET1 Capital
380
428
C 0.00 (020,010)
Article 50 of CRR
Capital Instruments Eligible as CET1 Capital
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
Retained Earnings
0
0
C 0.00 (030,010)
Articles 26(1) point (c), 26(2) and 36 (1) points (a) and (f) of CRR
Accumulated Other Comprehensive Income
13
15
C 0.00 (0180,010)
Articles 4(100), 26(1) point (d) and 36 (1) point (f) of CRR
Other Reserves
269
317
C 0.00 (0200,010)
Articles 4(117) and 26(1) point (e) of CRR
CET1 Capital Elements or Deductions - Other
0
-3
C 0.00 (0529,010)
-
Transitional Adjustments
-3
-2
CA1 (1.1.1.6 + 1.1.1.8 + 1.1.1.26)
-
Additional Tier 1 Capital
98
99
C 0.00 (0530,010)
Article 61 of CRR
Tier 1 Capital
478
528
C 0.00 (015,010)
Article 25 of CRR
Tier 2 Capital
1
0
C 0.00 (0750,010)
Article 71 of CRR
Capital Ratios (Transitional Period)
Capital Ratio
As of 31/12/2016 (%)
As of 30/06/2017 (%)
CET1 Capital Ratio
12.03%
13.01%
Tier 1 Capital Ratio
15.13%
16.02%
Total Capital Ratio
15.16%
16.03%
Fully Loaded CET1 Capital
Item
As of 31/12/2016
As of 30/06/2017
CET1 Capital (Fully Loaded)
383
430
CET1 Capital Ratio (Fully Loaded)
12.13%
13.07%
Risk Exposure Amounts
Risk Type
As of 31/12/2016 (EUR)
As of 30/06/2017 (EUR)
Credit Risk
2,860
2,936
Market Risk
3
16
Total Risk Exposure Amount
3,159
3,293
Leverage Ratio
Item
As of 31/12/2016
As of 30/06/2017
COREP Code
Regulation
Tier 1 Capital (Transitional Definition)
478
528
C 47.00 (r320,c010)
Article 429 of CRR
Tier 1 Capital (Fully Phased-in Definition)
483
530
C 47.00 (r310,c010)
Article 429 of CRR
Leverage Ratio (Transitional Definition)
10.1%
11.5%
C 47.00 (r340,c010)
Article 429 of CRR
Leverage Ratio (Fully Phased-in Definition)
10.2%
11.5%
C 47.00 (r330,c010)
Article 429 of CRR
Profit and Loss (P&L)
Item
As of 31/12/2016 (EUR)
As of 30/06/2017 (EUR)
Interest Income
226
94
Net Fee and Commission Income
47
26
Gains or (-) Losses on Derecognition
21
2
Exchange Differences
7
3
Net Other Operating Income/(Expenses)
-5
4
Total Operating Income, Net
233
104
Profit or (-) Loss Before Tax from Continuing Operations
55
25
Profit or (-) Loss After Tax from Continuing Operations
49
22
Profit or (-) Loss for the Year
49
22
Credit Risk - Standardised Approach
Consolidated Data (Bulgaria)
Risk Exposure Type
As of 31/12/2016
As of 30/06/2017
Central Governments or Central Banks
1.007
865
Institutions
226
172
Corporates
1.276
1.277
Retail
687
740
Secured by Mortgages on Immovable Property
676
689
Exposures in Default
734
700
Other Exposures
815
822
Standardised Total
5,432
5,275
Country-Specific Data (Albania)
Risk Exposure Type
As of 31/12/2016
As of 30/06/2017
Central Governments or Central Banks
60
67
Institutions
38
49
Corporates
0
0
Retail
38
49
Secured by Mortgages on Immovable Property
10
12
Exposures in Default
9
10
Other Exposures
7
7
Standardised Total
7
7
Country-Specific Data (British Virgin Islands)
Risk Exposure Type
As of 31/12/2016
As of 30/06/2017
Corporates
57
47
Secured by Mortgages on Immovable Property
71
66
Other Exposures
7
7
Key Observations
The bank's capital increased during the transitional period, with Own Funds rising from 479 to 528 million EUR, and Tier 1 Capital increasing from 478 to 528 million EUR.
The CET1 Capital increased from 380 to 428 million EUR, reflecting an improvement in the bank's capital structure.
The CET1 Capital Ratio improved from 12.03% to 13.01% during the transitional period, while the Total Capital Ratio increased from 15.16% to 16.03%.
The Leverage Ratio also increased, from 10.1% to 11.5% using the transitional definition of Tier 1 capital.
Market Risk Exposure increased from 3 to 16 million EUR, primarily due to Foreign Exchange Risk.
Credit Risk Exposure increased from 2,860 to 2,936 million EUR, with the majority attributed to Corporates and Retail.
The P&L for the year showed a decline in Total Operating Income, Net, from 233 to 104 million EUR, and a decrease in Profit or (-) Loss for the Year, from 49 to 22 million EUR.
