BPCE - 2018 Registration document
6 RISK REPORT Credit risk
PROVISIONS AND IMPAIRMENTS CHANGE IN GROUP COST OF RISK (IN €M) ➡ -6.1%
COST OF RISK IN BP (GROUPE BPCE) ➡
1,384
1,299
163
175 51
115
Corporate & Investment Banking Retail Banking & Insurance Corporate Center
1,106
1,072
-1 bp
20
19
2017
2018
2018 (1)
2017
(1) Excluding non-recurring items
At € 1.3 billion, Groupe BPCE’s cost of risk decreased 6.1% in 2018 compared to 2017. Average annual cost of risk (expressed in basis points versus customer exposures at the start of the period) reached a record low of 19 bp in 2018, down 1 bp from 2017. In Retail Banking and Insurance, cost of risk fell 3% year-on-year. Cost of risk averaged 23 bp for the Banque Populaire banks in 2018
(stable compared to 2017) versus 15 bp for the Caisses d’Epargne (also stable). For Corporate & Investment Banking, cost of risk (excluding non-recurring items) averaged 18 bp, down 2 bp versus 2017.
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Registration document 2018
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