2016 EU-wide Transparency Exercise Summary
Core Information
- Bank Name: SNS Holding B.V.
- LEI Code: 724500VLXQUMMD5BJB61
- Country Code: NL (Netherlands)
- Exercise Period: 2016 EU-wide Transparency Exercise
Own Funds (Transitional Period)
| Item |
As of 31/12/2015 (EUR) |
As of 30/06/2016 (EUR) |
| A |
3,397 |
3,572 |
| A.1 |
2,916 |
3,083 |
| A.1.1 |
4,068 |
4,117 |
| A.1.2 |
242 |
10 |
| A.1.3 |
169 |
219 |
| A.1.4 |
-1,383 |
-1,085 |
| A.1.5 |
0 |
0 |
| A.1.6 |
0 |
0 |
| A.1.7 |
-69 |
-54 |
| A.1.8 |
-15 |
-13 |
| A.1.9 |
0 |
0 |
| A.1.10 |
-42 |
-54 |
| A.1.11 |
0 |
0 |
| A.1.12 |
0 |
0 |
| A.1.13 |
-22 |
-16 |
| A.1.14 |
0 |
0 |
| A.1.15 |
0 |
0 |
| A.1.16 |
0 |
0 |
| A.1.17 |
0 |
0 |
| A.1.18 |
0 |
0 |
| A.1.19 |
0 |
0 |
| A.1.20 |
0 |
0 |
| A.1.21 |
-33 |
-40 |
| A.1.21.1 |
0 |
0 |
| A.1.21.2 |
0 |
0 |
| A.1.21.3 |
-33 |
-40 |
| A.2 |
0 |
0 |
| A.2.1 |
0 |
0 |
| A.2.2 |
0 |
0 |
| A.2.3 |
22 |
16 |
| A.2.4 |
-22 |
-16 |
| A.3 |
2,916 |
3,083 |
| A.4 |
481 |
489 |
| A.4.1 |
493 |
500 |
| A.4.2 |
0 |
0 |
| A.4.3 |
-13 |
-11 |
Key Points
- Common Equity Tier 1 (CET1) increased from 2,916 EUR to 3,083 EUR.
- Total Risk Exposure Amount was 11,513 EUR as of 31/12/2015 and 11,610 EUR as of 30/06/2016.
- Capital Ratios:
- CET1 Ratio: 25.33% (31/12/2015) to 26.55% (30/06/2016)
- Tier 1 Ratio: 25.33% to 26.55%
- Total Capital Ratio: 29.50% to 30.77%
Risk Exposure Amounts
| Risk Type |
As of 31/12/2015 (EUR) |
As of 30/06/2016 (EUR) |
| Credit Risk |
9,221 |
9,350 |
| Securitisation Risk |
80 |
13 |
| Market Risk |
208 |
150 |
| Operational Risk |
1,698 |
1,698 |
Notes
- Market Risk includes foreign exchange and commodities risk.
- The Total Risk Exposure Amount is consistent with the capital requirements under the Capital Requirements Regulation (CRR).
Profit and Loss (P&L)
| Item |
As of 31/12/2015 (EUR) |
As of 30/06/2016 (EUR) |
| Interest Income |
2,263 |
949 |
| Net Fee and Commission Income |
48 |
31 |
| Gains or (-) Losses on Derecognition |
24 |
16 |
| Gains or (-) Losses on Trading |
18 |
9 |
| Gains or (-) Losses from Hedge Accounting |
39 |
-31 |
| Net Operating Income |
1,103 |
510 |
| Administrative Expenses |
567 |
302 |
| Depreciation |
23 |
11 |
| Profit or (-) Loss Before Tax |
475 |
242 |
| Profit or (-) Loss After Tax |
348 |
181 |
Notes
- The bank reported a net profit after tax of 348 EUR in 2015 and 181 EUR in 2016.
- Interest income decreased significantly, indicating a change in lending or investment activities.
- Administrative expenses and depreciation also declined, suggesting cost optimization.
Capital Ratios (Fully Loaded CET1)
- CET1 Capital (Fully Loaded): 2,970 EUR (31/12/2015) to 3,139 EUR (30/06/2016)
- CET1 Ratio (Fully Loaded): 25.80% (31/12/2015) to 27.04% (30/06/2016)
Notes
- The fully loaded CET1 capital ratio is calculated using a formula that includes adjustments and deductions from CET1 capital elements.
Credit Risk - Standardised Approach
Consolidated Data
| Category |
As of 31/12/2015 (EUR) |
As of 30/06/2016 (EUR) |
| Central Governments or Central Banks |
6.149 |
6.751 |
| Regional Governments or Local Authorities |
1.557 |
1.143 |
| Public Sector Entities |
87 |
84 |
| Multilateral Development Banks |
284 |
297 |
| Institutions |
3.075 |
3.478 |
| Corporates |
3.334 |
3.995 |
| Retail |
809 |
876 |
| Exposures in Default |
266 |
234 |
| Standardised Total |
17,011 |
18,259 |
Notes
- Standardised Total increased from 17,011 EUR to 18,259 EUR.
- The risk exposure amount also increased, showing a higher level of credit risk.
Netherlands
| Category |
As of 31/12/2015 (EUR) |
As of 30/06/2016 (EUR) |
| Central Governments or Central Banks |
3,110 |
3,874 |
| Regional Governments or Local Authorities |
1,313 |
824 |
| Public Sector Entities |
87 |
84 |
| Institutions |
615 |
513 |
| Corporates |
2,481 |
2,844 |
| Retail |
260 |
255 |
| Exposures in Default |
260 |
255 |
| Standardised Total |
2,600 |
2,550 |
Notes
- The Standardised Total in the Netherlands decreased slightly from 2,600 EUR to 2,550 EUR.
- Original Exposure is reported before applying credit conversion factors or risk mitigation techniques.
Credit Risk - Standardised Approach (France)
| Category |
As of 31/12/2015 (EUR) |
As of 30/06/2016 (EUR) |
| Central Governments or Central Banks |
610 |
626 |
| Regional Governments or Local Authorities |
59 |
70 |
| Institutions |
241 |
273 |
| Corporates |
318 |
334 |
| Retail |
0 |
0 |
| Exposures in Default |
0 |
0 |
| Standardised Total |
0 |
0 |
Notes
- Standardised Total in France remained at 0 EUR, indicating no credit risk exposure reported.
- Original Exposure is reported before applying credit conversion factors or risk mitigation techniques.
Summary of Key Financial Indicators
- CET1 Capital (Transitional): Increased from 3,397 EUR to 3,572 EUR.
- Total Risk Exposure Amount: Increased from 11,513 EUR to 11,610 EUR.
- CET1 Ratio (Transitional): Increased from 25.33% to 26.55%.
- Total Capital Ratio (Transitional): Increased from 29.50% to 30.77%.
- Net Profit After Tax: Decreased from 348 EUR to 181 EUR.
- Market Risk: Decreased from 208 EUR to 150 EUR.
- Credit Risk Exposure (Standardised Approach): Increased from 17,011 EUR to 18,259 EUR.
Conclusion
The 2016 EU-wide Transparency Exercise provides an overview of SNS Holding B.V.'s capital structure, risk exposure, and profitability. The bank's capital increased during the transitional period, and its capital ratios improved, indicating better financial health. However, the net profit after tax decreased, suggesting potential challenges in profitability. The credit risk exposure, particularly in the Standardised Approach, increased, showing a more significant risk profile in the banking book.
