BPCE - 2020 Universal Registration Document

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FINANCIAL REPORT

IFRS CONSOLIDATED FINANCIAL STATEMENTS OF BPCE SA GROUP AS AT DECEMBER 31, 2020

LOAN COMMITMENTS

6.1

12/31/2020

12/31/2019

in millions of euros

Loan commitments given to: banks •

571

1,005

customers •

78,666 69,698

76,191 67,329

Credit facilities granted Other commitments

8,968

8,862

TOTAL LOAN COMMITMENTS GIVEN Loan commitments received from: banks •

79,236

77,196

33,587

52,318

customers •

10

117

TOTAL LOAN COMMITMENTS RECEIVED

33,597

52,436

GUARANTEE COMMITMENTS

6.2

12/31/2020

12/31/2019

in millions of euros

Guarantee commitments given to: banks •

7,745

6,629

customers (1) •

22,087 29,832

22,635 29,264

TOTAL GUARANTEE COMMITMENTS GIVEN Guarantee commitments received from: banks •

20,439 90,268 110,708

21,738 91,066

customers •

TOTAL GUARANTEE COMMITMENTS RECEIVED 112,804 Guarantees given by CEGC in connection with its activity are treated as insurance policies for accounting purposes, in accordance with IFRS 4 “Insurance contracts”. They are (1) recorded on the liabilities side of the balance sheet and are not included in guarantees given to customers shown in the table above.

Guarantee commitments are off-balance sheet commitments.

GUARANTEES ISSUED TO UCITS BY NATIXIS Natixis guarantees the capital and/or returns on units in certain UCITS. The guarantees are only enforced if, on the maturity date, the net asset value of each unit is below the guaranteed net asset value.

The capital and/or performance guarantees provided by Natixis to certain UCITS are recognized as derivatives and are subject to measurement at fair value in accordance with the provisions of IFRS 13.

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UNIVERSAL REGISTRATION DOCUMENT 2020 | GROUPE BPCE

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