2018 Registration document and annual fi nancial report - BNP PARIBAS370
5 RISKS AND CAPITAL ADEQUACY PILLAR 3
5
Credit risk
➤ TABLE 46: AGEING OF PAST DUE EXPOSURES(*) (EU CR1- D )
In millions of euros
31 December 2018
Non-defaulted exposures Defaulted exposures
≤ 30 days > 30 days ≤ 90 days
> 90 days ≤ 180 days
> 180 days ≤ 1 year > 1 year Total
> 90 days ≤ 180 days
> 180 days ≤ 1 year ≥ 1 year
Loans 10,710 5,147 372 181 821 17,231 1,634 1,780 25,723
Debt securities 0 0 0 0 0 0 0 0 117
TOTAL 10,710 5,147 372 181 821 17,231 1,634 1,780 25,841
In millions of euros
1 January 2018
Non-defaulted exposures Defaulted exposures
≤ 30 days > 30 days ≤ 90 days
> 90 days ≤ 180 days
> 180 days ≤ 1 year > 1 year Total
> 90 days ≤ 180 days
> 180 days ≤ 1 year ≥ 1 year
Loans 8,358 4,629 423 235 437 14,082 1,303 1,199 31,956
Debt securities 0 0 0 0 0 0 0 0 261
TOTAL 8,358 4,629 423 235 437 14,082 1,303 1,199 32,217
(*) Based on a prudential scope, gross exposure (balance sheet) before collateral or other credit risk mitigation effects.
RESTRUCTURED LOANS [Audited]
When a borrower is bordering on or in fi nancial diffi culties, he may receive a concession from the bank that would otherwise not have been granted had the borrower not met with fi nancial diffi culty. The concession may be:
■ a change to the contract terms and conditions;
■ partial or total refi nancing of the debt.
The loan is then said to be restructured . It must retain the status of restructured during a period of observation, known as a probation period, for at least two years. The concept of restructuring is described in the accounting principles (note 1.e.5 to the consolidated fi nancial statements).
According to the principles for identifying the restructured exposure amounts for the Group as a whole, for the non-retail business, exposures are identifi ed individually during the loan process, notably in the Credit Committees. As for restructured exposures for retail customers, they are usually identifi ed via a systematic process requiring the use of algorithms whose parameters are validated by the RISK and Finance Functions. Information on restructured loans is reported to the supervisory authority on a quarterly basis.
