2019 Universal registration document and annual financial report - BNP PARIBAS488
6 information on the Parent ComPany finanCial statements at 31 deCemBer 2019
6
Notes to the parent company financial statements
4.b GUARANTEE AND SECURITIES COMMITMENTS
In millions of euros at 31 December 2019 31 December 2018
Credit institutions 19,611 20,155
Customers 108,431 96,343
GUARANTEE COMMITMENTS GIVEN 128,042 116,498
Credit institutions 84,418 81,810
Customers 160,638 130,766
GUARANTEE COMMITMENTS RECEIVED 245,056 212,576
In millions of euros at 31 December 2019 31 December 2018
COMMITMENTS GIVEN ON SECURITIES 23,433 15,774
COMMITMENTS RECEIVED ON SECURITIES 35,672 27,677
4.c FINANCIAL INSTRUMENTS GIVEN OR RECEIVED AS COLLATERAL
➤ FINANCIAL INSTRUMENTS GIVEN AS COLLATERAL
In millions of euros at 31 December 2019 31 December 2018
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 50,884 50,821
■ Used as collateral with central banks 16,172 19,000
■ Available for refinancing transactions 34,712 31,821
Financial assets pledged as collateral for transactions with credit institutions, financial customers or subscribers of covered bonds issued by the Group 72,895 58,950
At 31 December 2019, the Bank had EUR 50,884 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 50,821 million at 31 December 2018). This amount includes EUR 37,890 million deposited with the Banque de France (vs. EUR 36,994 million at 31 December 2018) under the Banque de France s comprehensive collateral management system to cover Eurosystem
monetary policy transactions and intraday loans. At 31 December 2019 the Bank had EUR 16,172 million of collateral deposited with central banks (EUR 19,000 million at 31 December 2018).
The other assets that the Bank has pledged as collateral with credit institutions and financial customers totalled EUR 32,252 million at 31 December 2019 (vs. EUR 33,751 million at 31 December 2018), included in particular financing for BNP Paribas Home Loan SFH.
➤ FINANCIAL INSTRUMENTS RECEIVED AS COLLATERAL
In millions of euros at 31 December 2019 31 December 2018
Financial instruments received as collateral (excluding repurchase agreements) 38,891 34,354
