BPCE - 2018 Registration document
RISK REPORT Credit risk
CHANGES IN THE STOCK OF GENERAL AND SPECIFIC CREDIT RISK ADJUSTMENTS ➡
Accumulated specific credit risk adjustment
Accumulated general credit risk adjustment (2)
in millions of euros Opening balance
13,735 2,112 (1,860) (1,234)
Increases due to amounts set aside for estimated loan losses during the period Decreases due to amounts reversed for estimated loan losses during the period Decreases due to amounts taken against accumulated credit risk adjustments
Transfers between credit risk adjustments
705
Other adjustments (incl. IFRS 5)
(456)
Closing balance (1)
13,003
Recoveries on credit risk adjustments recorded directly to the statement of profit or loss Specific credit risk adjustments directly recorded to the statement of profit or loss 226 Differences in the total amount of provisions between the above Table 34 (Credit quality of exposures by exposure class) and Table 35 (Credit quality of exposures by industry) can be predominantly (1) attributed to differences in scope. The above table does not show impairments on equity interests or provisions on guarantee commitments given. The heading “Accumulated general credit risk adjustment” cannot be used under current IFRS. (2) (68)
6
657
Registration document 2018
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