Bank Name: SE - Skandinaviska Enskilda Banken AB (publ) (SEB)
LEI Code: F3JS33DEI6XQ4ZBPTN86
Report Period: 2013 - 2016
Key Figures
Actual Figures as of 31 December 2013
Operating profit before impairments: 2,066 min EUR
Impairment losses on financial and non-financial assets in the banking book: 187 min EUR
Common Equity Tier 1 (CET1) capital: 9,986 min EUR
Total Risk Exposure: 68,063 min EUR
CET1 ratio: 14.7%
Outcome of the Adverse Scenario as of 31 December 2016
3 yr cumulative operating profit before impairments: 3,433 min EUR
3 yr cumulative impairment losses on financial and non-financial assets in the banking book: 1,721 min EUR
3 yr cumulative losses from the stress in the trading book: 1,007 min EUR
Valuation losses due to sovereign shock after tax and prudential filters: 137 min EUR
CET1 capital: 10,780 min EUR
Total Risk Exposure: 82,731 min EUR
CET1 ratio: 13.0%
Outcome of the Baseline Scenario as of 31 December 2016
3 yr cumulative operating profit before impairments: 4,457 min EUR
3 yr cumulative impairment losses on financial and non-financial assets in the banking book: 444 min EUR
3 yr cumulative losses from the stress in the trading book: 841 min EUR
CET1 capital: 10,510 min EUR
Total Risk Exposure: 70,124 min EUR
CET1 ratio: 15.0%
Memorandum Items
Common EU wide CET1 Threshold (5.5%): 4,550 min EUR
Total amount of instruments with mandatory conversion into ordinary shares (2014-2016): 0 min EUR
Total Additional Tier 1 and Tier 2 instruments eligible for regulatory capital (CRR provisions): 0 min EUR
Eligible instruments whose trigger is above CET1 capital ratio in adverse scenario: 0 min EUR
Summary of Baseline Scenario
Exposure Values (as of 31 December 2013)
Type
F-IRB Non-defaulted
F-IRB Defaulted
A-IRB Non-defaulted
A-IRB Defaulted
STA Non-defaulted
STA Defaulted
Central banks and central governments
0
0
0
4.518
37,653
2
Institutions
11,162
0
5,016
3
2,740
0
Corporates
30,161
767
65,543
108
1,310
35
Corporates - Of Which: Specialised Lending
833
196
897
0
0
0
Corporates - Of Which: SME
8,441
385
15,369
87
65
8
Retail
0
0
53,767
469
4,610
107
Retail - Secured on real estate property
66.6%
0
0
48,681
371
921
Retail - Other Retail
0
0
2,122
3
883
70
Retail - Other Retail - Of Which: SME
0
0
2,964
95
2,806
35
Retail - Other Retail - Of Which: non-SME
0
0
385
18
2,287
34
Equity
0
0
2,579
77
519
1
Securitisation
0
0
0
0
543
0
Other non-credit obligation assets
1,537
0
0
0
0
0
Risk Exposure Amounts (as of 31 December 2013)
Type
F-IRB Non-defaulted
F-IRB Defaulted
A-IRB Non-defaulted
A-IRB Defaulted
STA Non-defaulted
STA Defaulted
Central banks and central governments
0
0
0
0
116
0
Institutions
1,836
0
1,496
12
542
0
Corporates
20,892
162
1,158
36
187
342
Corporates - Of Which: SME
5,366
10
2,980
118
94
138
Retail
0
0
0
0
50
206
Equity
0
0
0
0
9
42
Securitisation
0
0
0
0
0
0
Other non-credit obligation assets
543
0
0
0
0
0
Value Adjustments and Provisions (as of 31 December 2013)
Type
F-IRB Non-defaulted
F-IRB Defaulted
A-IRB Non-defaulted
A-IRB Defaulted
STA Non-defaulted
STA Defaulted
Central banks and central governments
0
0
0
0
1
0
Institutions
1,496
12
1,496
12
542
0
Corporates
1,158
36
1,158
36
187
342
Retail
0
0
0
0
0
0
Equity
0
0
0
0
0
0
Securitisation
0
0
0
0
0
0
Other non-credit obligation assets
0
0
0
0
0
0
Summary of Adverse Scenario
Exposure Values (as of 31 December 2013)
Type
F-IRB Non-defaulted
F-IRB Defaulted
A-IRB Non-defaulted
A-IRB Defaulted
STA Non-defaulted
STA Defaulted
Central banks and central governments
0
0
0
0
0
0
Institutions
916
5
678
51
280
0
Corporates
3,905
5
38,085
51
27
0
Corporates - Of Which: SME
1,568
3
13,209
39
287
2
Corporates - Of Which: non-SME
0
0
0
0
0
0
Retail
0
0
0
0
0
0
Retail - Secured on real estate property
0
0
0
0
0
0
Retail - Other Retail
0
0
0
0
0
0
Equity
0
0
0
0
0
0
Securitisation
0
0
0
0
0
0
Other non-credit obligation assets
543
0
0
0
0
0
Risk Exposure Amounts (as of 31 December 2013)
Type
F-IRB Non-defaulted
F-IRB Defaulted
A-IRB Non-defaulted
A-IRB Defaulted
STA Non-defaulted
STA Defaulted
Central banks and central governments
0
0
0
0
1
0
Institutions
1,614
0
1,021
33
27
0
Corporates
5,338
0
1,262
0
35
0
Corporates - Of Which: SME
42
1
28
0
0
0
Corporates - Of Which: non-SME
0
0
0
0
0
0
Retail
0
0
0
0
0
0
Equity
0
0
0
0
0
0
Securitisation
0
0
0
0
0
0
Other non-credit obligation assets
0
0
0
0
0
0
Value Adjustments and Provisions (as of 31 December 2013)
Type
F-IRB Non-defaulted
F-IRB Defaulted
A-IRB Non-defaulted
A-IRB Defaulted
STA Non-defaulted
STA Defaulted
Central banks and central governments
0
0
0
0
0
0
Institutions
1,021
33
1,021
33
0
0
Corporates
1,262
0
1,262
0
0
0
Corporates - Of Which: SME
28
0
28
0
0
0
Corporates - Of Which: non-SME
0
0
0
0
0
0
Retail
0
0
0
0
0
0
Equity
0
0
0
0
0
0
Securitisation
0
0
0
0
0
0
Other non-credit obligation assets
0
0
0
0
0
0
Main Findings
CET1 Capital: Under the adverse scenario, the CET1 capital increased from 9,986 min EUR in 2013 to 10,780 min EUR in 2016, while the CET1 ratio decreased from 14.7% to 13.0%.
Risk Exposure: Total risk exposure increased from 68,063 min EUR to 82,731 min EUR in the adverse scenario.
Operating Profit: The cumulative operating profit before impairments increased from 2,066 min EUR in 2013 to 3,433 min EUR in 2016.
Impairment Losses: Impairment losses on financial and non-financial assets in the banking book increased from 187 min EUR to 1,721 min EUR.
Trading Book Losses: Cumulative losses from the stress in the trading book were 1,007 min EUR in the adverse scenario.
Sovereign Shock: Valuation losses due to sovereign shock after tax and prudential filters were 137 min EUR.
Thresholds: The CET1 threshold of 5.5% was not breached in the adverse scenario.
Summary of Baseline Scenario (Germany)
Exposure Values (as of 31 December 2013)
Type
F-IRB Non-defaulted
F-IRB Defaulted
A-IRB Non-defaulted
A-IRB Defaulted
STA Non-defaulted
STA Defaulted
Central banks and central governments
0
0
0
0
0
0
Institutions
1,666
0
0
0
0
0
Corporates
10,373
265
0
0
0
0
Corporates - Of Which: SME
2,180
150
0
0
0
0
Retail
0
0
0
0
0
0
Retail - Secured on real estate property
0
0
0
0
0
0
Retail - Other Retail
0
0
0
0
0
0
Equity
0
0
0
0
0
0
Securitisation
0
0
0
0
0
0
Other non-credit obligation assets
0
0
0
0
0
0
Risk Exposure Amounts (as of 31 December 2013)
Type
F-IRB Non-defaulted
F-IRB Defaulted
A-IRB Non-defaulted
A-IRB Defaulted
STA Non-defaulted
STA Defaulted
Central banks and central governments
0
0
0
0
0
0
Institutions
0
0
0
0
0
0
Corporates
0
0
0
0
0
0
Corporates - Of Which: SME
0
0
0
0
0
0
Retail
0
0
0
0
0
0
Equity
0
0
0
0
0
0
Securitisation
0
0
0
0
0
0
Other non-credit obligation assets
0
0
0
0
0
0
Value Adjustments and Provisions (as of 31 December 2013)
Type
F-IRB Non-defaulted
F-IRB Defaulted
A-IRB Non-defaulted
A-IRB Defaulted
STA Non-defaulted
STA Defaulted
Central banks and central governments
0
0
0
0
0
0
Institutions
0
0
0
0
0
0
Corporates
0
0
0
0
0
0
Corporates - Of Which: SME
0
0
0
0
0
0
Retail
0
0
0
0
0
0
Equity
0
0
0
0
0
0
Securitisation
0
0
0
0
0
0
Other non-credit obligation assets
0
0
0
0
0
0
Key Observations
Impairment Rates and Provisions: The impairment rates and provisions varied across different scenarios and time periods.
Coverage Ratios: Coverage ratios for default stock decreased over time, indicating a potential increase in risk exposure.
No Mandatory Conversions: There were no instruments with mandatory conversion into ordinary shares during the 2014-2016 period.
Eligible Instruments: No additional Tier 1 or Tier 2 instruments were eligible for regulatory capital under CRR provisions that would convert into CET1 or be written down upon a trigger event.
