2020 Universal registration document and annual financial report - BNP PARIBAS 377

5risks and CaPital adequaCy Pillar 3

5

Credit risk

In millions of euros

31 December 2019

Gross exposure Exposure net of provisions EAD

RWAs RWA

density Balance

sheet Off-balance

sheet Balance

sheet Off-balance

sheet Balance

sheet Off-balance

sheet

Central governments or central banks 29,487 31 29,449 31 32,018 10 5,962 19%

Regional governments or local authorities 3,098 2,818 3,093 2,817 3,023 658 809 22%

Public sector entities 16,163 2,013 16,158 2,012 16,715 415 2,223 13%

Multilateral development banks 192 - 192 - 192 - - 0%

International organisations 9 - 9 - 9 - - 0%

Institutions 9,290 1,523 9,278 1,513 10,435 677 4,410 40%

Corporates 84,042 34,478 83,620 34,357 75,962 13,094 76,063 85%

Retail 97,814 32,205 96,200 32,134 93,373 3,314 68,010 70%

Exposures secured by mortgages on immovable property 63,441 7,292 62,756 7,273 57,709 1,558 26,208 44%

Exposures in default 10,453 373 4,518 350 4,381 84 4,882 109%

Items associated with particular high risk(*) 504 683 499 680 493 340 1,245 149%

Exposures in the form of units or shares in collective investment undertakings - 533 - 533 - 149 59 40%

Equity - 782 - 782 - 156 156 100%

Other items 28,314 - 28,314 - 28,314 - 20,462 72%

TOTAL 342,805 82,730 334,085 82,482 322,624 20,455 210,490 61%

(*) Immovable property financing exposures whose risk profile may be affected by market conditions.

Excluding currency effects, outstanding loans under the standardised approach increased slightly in 2020, mainly due to the increase in outstandings on central governments and central banks, and an increase on institutions and companies to a lesser extent.

The following table gives the breakdown by standard asset class, the distribution by risk weight of the loans and commitments in the book for all the Group s business lines using the standardised approach. Exposure at default was EUR 332 billion at 31 December 2020 compared to EUR 343 billion at 31 December 2019.