In brief

bannière_profil

Groupe BPCE is the 2nd largest banking group in France

Profile

31.2 million customers

9 million cooperative shareholders

108,000 employees

8,000 bank branches

 

Financial highlights at December 31, 2016

STRONG FUNDAMENTALS

 Net banking income [1]: €23.4bn  (+1.1 % vs. 2015)

Net income attributable to equity holders of the parent [1]: €3.4bn ( +7.6% vs. 2015)

Decline in the cost of risk to 22bp, lower than the business cycle average (30 to 35bp)

Loan outstandings  Commercial Banking & Insurance: €514bn (+ 3.7% vs. 2015 )

Deposits & savings Commercial Banking & Insurance: €663bn (+ 1.7% vs. 2015)

CET1 ratio [2]:14.3% (+130bps)

TLAC Ratio [2] [3]: 19.4%

 

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 [1] Excluding non-economic and exceptional items
 [2]  Estimate at Dec. 31, 2016 - CRR/CRD IV without transitional measures (except for deferred tax assets on tax loss carryforwards and pro forma of the additional phase-in of the stock of DTA in accordance with regulation 2016/445); additional Tier-1 capital takes account of subordinated debt issues that have become ineligible and capped at the phase-out rate in force
 [3] Including the issue of senior non-preferred debt for €1.6bn in January 2017