AFD - 2019 Universal registration document
RISK MANAGEMENT 4 Basel III Pillar 3
❙ Financing commitments – geographic spread and breakdown by type of activity
2019
2018
Audit
Audit 99% 96% 72% 24%
Audit
%
In millions of euros
Financing commitments at the Group’s risk
14,407 13,879 10,409
11,980 11,564
100%
Of which foreign countries
95% 71% 24%
Sovereign
8,642 2,922
Non-sovereign
3,470
Of which French Overseas Collectivities Financing commitments at the State’s risk
528
4% 1% 1%
416
5% 0% 0%
95 95
0 0
Loans guaranteed by the State
TOTAL GROUP FINANCING COMMITMENTS
14,502
11,980
❙ Guarantee commitments – geographic spread
2019
2018
French Overseas Departments and Collectivities
French Overseas Departments and Collectivities
Foreign countries
Foreign countries
Total
Total
In millions of euros
Guarantee commitments given – credit institutions Guarantee commitments given – customers
140 465 605
-
140 585 725
75
-
75
120 120
427 502
95 95
523 597
GUARANTEE COMMITMENTS
4.2.4.1.1.3. Total impaired loans and provisions by major counterparty category and major geographic area: Impaired loans and impairments recorded by counterparty category are presented in Note Ǿ 5.2 to the financial statements – “Receivables due from credit institutions and customers”. ❙ The Group’s loan portfolio in gross and net values, with impaired assets separated out
Outstandings net of impairments
Outstandings
Impairments
In millions of euros
Foreign countries Sovereign of which doubtful Non-sovereign of which doubtful
17,251
87 87
17,164
107
20
12,067
587 385
11,480
806
420
French Overseas Departments and Collectivities Non-sovereign
5,563
82 82
5,481
of which doubtful
303 118
221 118
Other outstanding loans
0
TOTAL
34,999
755 554
34,244
of which doubtful
1,215
661
4.2.4.1.1.4. Reconciliation of changes in provisions for impaired receivables Note Ǿ 9 “Provisions”, in the notes to the financial statements, outlines the changes for each category of provisions and impairments.
4.2.4.1.2. Credit risk: portfolios under the standard approach and regulatory weightings AFD chose the standardised method to calculate the risks used to determine the capital adequacy ratio. The weightings applied depend on the ratings given to countries or entities by external bodies (Moody’s, FITCH and Standard & Poor’s) and to the type of counterparty (third-party asset class). As most of the non- sovereign counterparties do not have a rating from an external body, they are weighted at 100% or 150% for doubtful debt.
90
UNIVERSAL REGISTRATION DOCUMENT 2019
www.afd.fr
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