Key figures
- As of June 30, 2011
- As of December 31, 2010
As of June 30, 2011
| Key indicators as of June 30, 2011 | |
| Total balance sheet Privileged resources |
€103.7 bn €91.4 bn |
| Obligations foncières issued Rating |
€6.3 bn AAA/Aaa/AAA |
| Regulatory overcollateralisation ratio (*) Loan-to-value ratio |
109.3% 62.6% |
| Net income | €89.3 mn |
(*) : being validated by the specific controller
| At June 30, 2011 | At June 30, 2011 | ||||
| € bn | % balance sheet | € bn | % balance sheet | ||
| Mortgage loans | 34.35 | 33.1% | Privileged resources | 91.44 | 88.1% |
| Mortgage loans and related items |
22.92 | 22.1% | Obligations foncières | 89.88 | 86.6% |
| European residential mortgage-backed securities |
11.43 |
11.0% | Other privileged resources | 1.56 | 1.5% |
| Public sector exposures |
52.59 | 50.7% | Non-privileged debt | 12.31 | 11.9% |
| Mortgage loans guaranteed by the French state or a European public institution |
10.06 | 9.7% | Unsecured debt | 6.39 | 6.2% |
| French public sector loans | 18.50 | 17.8% | Subordinated debt and similar debt | 4.10 | 3.9% |
| International public sector exposures |
24.03 | 23.2% | of which redeemable subordinated notes (RSN) | 2.10 | 2.0% |
| of which participating loans (1) | 1.37 | 1.3% | |||
| Shareholder's equity. Provisions and FRBG* (2) |
1.89 | 1.8% | |||
| Replacement securities and other assets |
16.81 | 16.2% | Shareholder's equity and related items (1) + (2) | 3.20 | 3.1% |
| Replacement securities |
14.16 | 13.6% | |||
| Other assets | 2.65 | 2.6% | |||
| Total Assets | 103.75 | 100.0% | Total liabilities | 103.75 | 100.0% |
* Fonds pour risques bancaires généraux (Fund for general banking risks)
By taking into account the direct and indirect public guarantees on certain outstanding loans also backed by real estate collateral, especially loans secured by the FGAS** guarantee fund, the assets secured by a public guarantee represented €54.05 billion at December 31, 2010 and 52.0% of all assets.
**Fonds de garantie de l'accession sociale à la propriété (Government fund promoting access to home ownership)
by type of assets
geographic spread of assets
As of December 31, 2010
| Key indicators as of December 31, 2010 | |
| Total balance sheet Privileged resources |
€103.83 bn €90 bn |
| Obligations foncières issued Rating |
€17.2 bn AAA/Aaa/AAA |
| Regulatory overcollateralisation ratio Loan-to-value ratio |
110.8 % 62.3 % |
| Net income | €143.2 mn |
| At December 31, 2010 | At December 31, 2010 | ||||
| € bn | % balance sheet | € bn | % balance sheet | ||
| Mortgage loans | 34.83 | 33.6 % | Privileged resources | 89.76 | 86.5 % |
| Mortgage loans and related items |
20.73 | 20.0 | Obligations foncières | 88.13 | 84.9 |
| European residential mortgage-backed securities |
14.10 |
13.6 | Other privileged resources | 1.63 | 1.6 |
| Public sector exposures |
54.05 | 52.0 % | Non-privileged debt | 14.07 | 13.5 % |
| Mortgage loans guaranteed by the French state or a European public institution |
10.09 | 9.7 | Unsecured debt | 8.31 | 8.0 |
| French public sector loans | 18.79 | 18.1 | Subordinated debt and similar debt | 4.12 | 4.0 |
| International public sector exposures |
25.17 | 24.2 | of which redeemable subordinated notes (RSN) | 2.10 | 2.0 |
| of which participating loans (1) | 1.35 | 1.3 | |||
| Shareholder's equity. Provisions and FRBG* (2) |
1.64 | 1.6 | |||
| Replacement securities and other assets |
14.95 | 14.4 % | Shareholder's equity and related items (1) + (2) | 3.02 | 3.0 % |
| Replacement securities |
11.82 | 11.4 % | |||
| Other assets | 3.13 | 3.0 % | |||
| Total Assets | 103.83 | 100.0 % | Total liabilities | 103.83 | 100.0 % |
* Fonds pour risques bancaires généraux (Fund for general banking risks)
By taking into account the direct and indirect public guarantees on certain outstanding loans also backed by real estate collateral, especially loans secured by the FGAS** guarantee fund, the assets secured by a public guarantee represented €54.05 billion at December 31, 2010 and 52.0% of all assets.
**Fonds de garantie de l'accession sociale à la propriété (Government fund promoting access to home ownership)
by type of assets
geographic spread of assets
