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

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