Société Générale / Risk Report - Pillar III

7 SECURITISATION

SOCIETE GENERALE’S SECURITISATION b ACTIVITIES

TABLE 77: ASSETS AWAITING SECURITISATION BY TYPE OF UNDERLYING ASSETS

31.12.2019

31.12.2018

31.12.2019

31.12.2018

(In EURm)

Underlying assets

Banking book

Trading book

Residential mortgages

-

-

-

-

Commercial mortgages

-

-

-

-

Credit card receivables

-

-

-

-

Leasing

1,500

-

-

-

Loans to corporates and SMEs

3,065

-

-

-

Consumer loans

-

-

-

-

Trade receivables

-

-

-

-

Other assets

-

-

-

-

Covered bonds

- -

- -

- -

- -

Other liabilites

TOTAL

4,565

-

-

-

TABLE 78: AMOUNTS OF SECURITISED EXPOSURES RETAINED OR PURCHASED BY TYPE OF UNDERLYING ASSETS IN THE BANKING BOOK

31.12.2019

31.12.2018

(In EURm)

On-balance sheet

Off-balance sheet

On-balance sheet

Off-balance sheet

Underlying assets

Total

Total

Residential mortgages

-

236

236

-

271

271

Commercial mortgages

-

7

7

-

7

7

Credit card receivables

-

2,065

2,065

-

2,083

2,083

Leasing

-

1,418

1,418

-

2,419

2,419

Loans to corporates and SMEs

11,894

2,097

13,991

862

1,468

2,330

Consumer loans

-

7,276

7,276

47

8,054

8,101

Trade receivables

-

7,012

7,012

-

6,791

6,791

Other assets

-

1,082

1,082

-

1,295

1,295

Covered bonds

- -

- -

- -

- -

- -

- -

Other liabilites

TOTAL

11,894

21,193

33,087

909

22,388

23,297

The main underlying assets are securitisations, corporate loans, consumer loans and trade receivables. In 2019, banking book exposures increased by EUR 10 billion, representing +42% year-on-year. The volume of assets of conduits managed by the Group slightly decreased.

At at 31 December 2019, securisation exposures in the banking book amounted to EUR 33,087 million, of which EUR 11,894 million recorded on the balance sheet, the remaining part consisting predominantly of liquidity lines linked to the Group’s sponsor conduit activity.

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PILLAR 3 - 2020 | SOCIETE GENERALE GROUP |