2020 Universal registration document and annual financial report - BNP PARIBAS516
6 information on the Parent ComPany finanCial statements at 31 deCemBer 2020
6
Notes to the parent company financial statements
4.b GUARANTEE AND SECURITIES COMMITMENTS
In millions of euros, at 31 December 2020 31 December 2019
Credit institutions 9,419 19,611
Customers 112,647 108,431
GUARANTEE COMMITMENTS GIVEN 122,066 128,042
Credit institutions 95,005 84,418
Customers 192,737 160,638
GUARANTEE COMMITMENTS RECEIVED 287,742 245,056
In millions of euros, at 31 December 2020 31 December 2019
COMMITMENTS GIVEN ON SECURITIES 31,535 23,433
COMMITMENTS RECEIVED ON SECURITIES 38,696 35,672
4.c FINANCIAL INSTRUMENTS GIVEN OR RECEIVED AS COLLATERAL
➤ FINANCIAL INSTRUMENTS GIVEN AS COLLATERAL
In millions of euros, at 31 December 2020 31 December 2019
Financial instruments (negotiable securities and private receivables) deposited with central banks and eligible for use at any time as collateral for refinancing transactions after haircut 88,584 50,884
■ Used as collateral with central banks 59,842 16,172
■ Available for refinancing transactions 28,742 34,712
Financial assets pledged as collateral for transactions with credit institutions, financial customers or subscribers of covered bonds issued by the Group 90,940 72,895
At 31 December 2020, the Bank had EUR 88,584 million of financial instruments (negotiable securities and private receivables) deposited or pledged with central banks for use at any time as collateral for refinancing transactions (vs. EUR 50,884 million at 31 December 2019). This amount includes EUR 78,499 million deposited with the Banque de France (vs. EUR 37,890 million at 31 December 2019) under the Banque de France s comprehensive collateral management system to
cover Eurosystem monetary policy transactions and intraday loans. At 31 December 2020, the Bank had EUR 59,842 million of collateral deposited with central banks (EUR 16,172 million at 31 December 2019).
The other assets that the Bank has pledged as collateral with credit institutions and financial customers totalled EUR 35,069 million at 31 December 2020 (vs. EUR 32,252 million at 31 December 2019), included in particular financing for BNP Paribas Home Loan SFH.
➤ FINANCIAL INSTRUMENTS RECEIVED AS COLLATERAL
In millions of euros, at 31 December 2020 31 December 2019
Financial instruments received as collateral (excluding repurchase agreements) 46,139 38,891
