2017 EU-wide Transparency Exercise Summary
Core Information
- Bank Name: Banque et Caisse d'Epargne de l'Etat, Luxembourg
- LEI Code: R7CQUF1DQM73HUTV1078
- Country Code: LU
- Reporting Period: As of 31/12/2016 and 30/06/2017
- Reporting Scope: The bank does not report FINREP data on a consolidated level, and only COREP templates are published.
Own Funds and Capital Ratios (Transitional Period)
| Item |
As of 31/12/2016 |
As of 30/06/2017 |
| OWN FUNDS |
2,717 mln EUR |
2,962 mln EUR |
| COMMON EQUITY TIER 1 CAPITAL (CET1) |
2,627 mln EUR |
2,878 mln EUR |
| Retained Earnings |
2,650 mln EUR |
2,850 mln EUR |
| Accumulated Other Comprehensive Income |
678 mln EUR |
723 mln EUR |
| Other Reserves |
345 mln EUR |
331 mln EUR |
| Funds for general banking risk |
0 |
0 |
| Minority interest given recognition in CET1 |
0 |
0 |
| Adjustments to CET1 due to prudential filters |
0 |
1 |
| Intangible assets (including Goodwill) |
-17 mln EUR |
-16 mln EUR |
| DTAs that rely on future profitability |
0 |
0 |
| IRB shortfall of credit risk adjustments |
-93 mln EUR |
-86 mln EUR |
| Defined benefit pension fund assets |
0 |
0 |
| Reciprocal cross holdings in CET1 |
0 |
0 |
| Excess deduction from ATI items over ATI Capital |
0 |
0 |
| Deductions related to assets with 1.250% risk weight |
0 |
0 |
| Holdings of CET1 capital instruments of financial sector entities (no significant investment) |
0 |
0 |
| Holdings of CET1 capital instruments of financial sector entities (significant investment) |
-13 mln EUR |
0 |
| Additional deductions of CET1 Capital due to Article 3 CRR |
0 |
0 |
| CET1 capital elements or deductions - other |
-180 mln EUR |
-161 mln EUR |
| Transitional adjustments |
-917 mln EUR |
-938 mln EUR |
Capital Ratios (Transitional Period)
- CET1 Capital Ratio: 17.71% (31/12/2016) → 18.54% (30/06/2017)
- Tier 1 Capital Ratio: 17.71% (31/12/2016) → 18.54% (30/06/2017)
- Total Capital Ratio: 18.31% (31/12/2016) → 19.09% (30/06/2017)
Fully Loaded CET1 Capital
- CET1 Capital (Fully loaded): 3,544 mln EUR (31/12/2016) → 3,816 mln EUR (30/06/2017)
- CET1 Capital Ratio (Fully loaded): 23.89% (31/12/2016) → 24.59% (30/06/2017)
Leverage Ratio
| Item |
As of 31/12/2016 |
As of 30/06/2017 |
| Tier 1 Capital - Transitional Definition |
2,627 mln EUR |
2,878 mln EUR |
| Tier 1 Capital - Fully Phased-in Definition |
3,544 mln EUR |
3,816 mln EUR |
| Total Leverage Ratio Exposures (Transitional Definition) |
45,086 mln EUR |
49,644 mln EUR |
| Total Leverage Ratio Exposures (Fully Phased-in Definition) |
45,086 mln EUR |
49,644 mln EUR |
| Leverage Ratio (Transitional Definition) |
5.8% |
5.8% |
| Leverage Ratio (Fully Phased-in Definition) |
7.9% |
7.7% |
Risk Exposure Amounts
| Risk Exposure Type |
As of 31/12/2016 |
As of 30/06/2017 |
| Credit Risk |
14,834 mln EUR |
15,517 mln EUR |
| - Securitisation and re-securitisations in the banking book |
271 mln EUR |
254 mln EUR |
| - Contributions to the default fund of a CCP |
0 |
0 |
| - Other credit risk |
13,277 mln EUR |
12,948 mln EUR |
| Market Risk (Foreign Exchange and Commodities) |
1 mln EUR |
52 mln EUR |
| - Credit Valuation Adjustment |
161 mln EUR |
220 mln EUR |
| - Operational Risk |
1,123 mln EUR |
1,088 mln EUR |
| - Other Risk Exposure Amounts |
0 |
955 mln EUR |
Credit Risk - Standardised Approach
| Item |
As of 31/12/2016 |
As of 30/06/2017 |
| Original Exposure |
0 |
0 |
| Exposure Value |
0 |
0 |
| Risk Exposure Amount |
0 |
0 |
| Value Adjustments and Provisions |
0 |
0 |
The bank's data under the Standardised Approach for credit risk shows no significant exposures for all categories, including central governments, corporates, retail, and securitisation. The only non-zero exposure is in Equity, which is reported as 265 mln EUR (31/12/2016) and 251 mln EUR (30/06/2017).
Additional Notes
- Original Exposure: Reported before credit conversion factors or credit risk mitigation techniques are applied.
- Total Value Adjustments and Provisions: Excludes securitisation exposures.
- Regulation: All data is aligned with the Capital Requirements Regulation (CRR) and related Delegated Regulations.
