2020 Universal registration document and annual financial report - BNP PARIBAS 397

5risks and CaPital adequaCy Pillar 3

5

Credit risk

EXPOSURES SUBJECT TO MORATORIA AND PUBLIC GUARANTEE SCHEMES

EXPOSURES SUBJECT TO MORATORIA In response to the health crisis, the Group has granted its customers moratoria, most often consisting of extensions of a few months (see also the paragraph Restructuring of financial assets due to financial difficulties in note 1.e.5 to the consolidated financial statements). These moratoria may be based on national law (so-called legislative moratoria) or on an agreed or coordinated payment reduction initiative within the banking sector (so-called non-legislative moratoria).

At 31 December 2020, the Group s exposure to loans subject to moratoria(1) (included expired moratoria) amounted to EUR 54.1 billion.

Around 700,000 moratoria(2) expired as at 31 December 2020, i.e. 81% of the Group s exposure to loans subject to moratoria(1). More than 98% of expired moratoria are performing.

(1) Moratoria qualified as Covid-19 General moratorium measure meeting the criteria defined in EBA Guidelines published on 2 April 2020.

(2) Number of individual customers and companies whose moratoria expired.

In millions of euros

31 December 2019

Gross carrying value

Accumulated impairment, accumulated negative changes

in fair value due to credit risk and provisions

Performing exposures

Non-performing exposures

Performing exposures

Non- performing exposures

of which defaulted

Loans and advances 3,408 8,104 6,141 (355) (3,304)

General governments 2 7 6 - (2)

Credit institutions - 7 7 - (7)

Other financial corporations 76 285 285 (3) (143)

Non-financial corporations 1,793 3,453 3,380 (122) (1,566)

Households 1,537 4,352 2,463 (230) (1,586)

Debt securities 46 167 167 - (49)

Off-balance-sheet exposures 447 133 132 (16) (8)

TOTAL 3,901 8,404 6,440 (371) (3,361)