Prospectus - Notowania

Regulatory Capital Requirements
Credit risk 41,536 31,711 31.0%
Market risk 2,374 1,641 44.7%
Standardised Approach 1,811 1,382 31.0%
1.1 position risk on debt securities 741 361 105.3%
1.2 position risk on equities 174 67 159.7%
1.3 exchange rate risk 26 201 -87.1%
1.4 other risks 871 753 15.7%
Internal Models 563 259 117.4%
Other prudential requirements 738 431 71.2%
Total prudential requirements 44,648 33,783 32.2%
Risk weighted assets and capital ratios
Risk weighted assets 558,106 422,291 32.2%
Tier 1 Capital/Risk Weighted Assets (Tier 1
Ratio) 6.24 6.96 72 b.p.
Regulatory Capital/Risk Weighted Assets (Total
Capital Ratio) 9.91 10.50 59 b.p.
The changes during 2007 can be primarily attributed to the consolidation of the
Capitalia Group.
As referred to above, starting from January 1, 2008 the “New Regulations for the
Prudential Supervision of Banks” (Bank of Italy Circular no. 263 of December 27,
2006 and subsequent updates) entered into force, which implemented Directives
2006/48/EC (Directive of the European Parliament and of the Council of June 14,
2006 relating to the taking up and pursuit of the business of credit institutions) and
2006/49/EC (Directive of the European Parliament and of the Council of June 14,
2006 on the capital adequacy of investment firms and credit institutions), setting forth
the new prudential regulations for banks and banking groups in implementation of
Basel II. Pursuant to said regulations, the data as at December 31, 2008 are shown in
the table below:
(in millions of €) 09.30.2009 12.31.2008
Capital adequacy
- 190 -
Non
weighted
amounts
Weighted
amounts/
requirements
Non weighted
amounts
Weighted
amounts/
requirements
A. Risk weighted assets
A.1 Credit and counterparty risk
1. Standardised Approach 493,801 219,777 632,101 269,519
2. Approach based on internal ratings
2.1 Basic Approach 2,315 466 - -
2.2 Advanced 539,532 173,675 518,250 170,500
3. Securitisations 63,776 10,354 74,188 10,294
B. Regulatory Capital Requirements
B.1 Credit and counterparty risk 32,342 36,025
B.2 Market risk
1. Standardised Approach 200 283
2. Internal Models 751 1,335
3. Concentration risk - -
B.3 Operational risk - -
1. Basic Indicator Approach 270 269
2. Standardised Approach 1,213 1,375
3. Advanced Approach 1,968 1,715
B.4 Other prudential requirements - -
B.5 Total prudential requirements 36,743 41,003
C. Risk weighted assets and capital ratios
C.1 Risk weighted assets 459,287 512,532
C.2 Tier 1 Capital/Risk Weighted Assets (Tier 1 Ratio) 8.39 6.80
C.3 Regulatory Capital including Tier 3/Risk Weighted Assets
(Total Capital Ratio) 12.08 10.64
Comparing the regulatory capital requirements as at December 31, 2008 with
September 30, 2009, it is clear that the capital requirements for credit and
counterparty risk decreased by 10.2%, from €36,025 million to €32,342 million, while