Investor Presentaiton
CONTINUED LOW COST OF RISK
_Cost of risk (1) (in bp)
Q1 22
Q2 22
Q3 22
Q4 22
Q1 23
NON-PERFORMING LOANS RATIO(2)
MAR 19
MAR 20
MAR 21
MAR 22
MAR 23
GROUP
39
31
15
28
13
FRENCH RETAIL BANKING
32
35
14
3
INTERNATIONAL RETAIL
92
47
BANKING AND FINANCIAL
28
SERVICES
40
40
27
45
GLOBAL BANKING AND INVESTOR
SOLUTIONS
16
17
16
3.5%
3.3%
3.1%
2.9%
2.8%
Gross coverage ratio (3): 49% at end March 23
(Before netting of guarantees and collateral)
2023 Cost of risk expected below 30 bps
(1) Calculated based on Gross loans outstanding at the beginning of period (annualised), (2) According to new EBA methodology published on 16 July 2019. The NPL rate calculation was modified in order to exclude the net accounting value of the tangible assets for
operating lease from the gross exposure in the denominator. Historical data restated (see Supplement), (3) Ratio of S3 provisions to gross book value of NPL before netting of guarantees and collateral
SOCIETE
GENERALE
1ST QUARTER 2023 RESULTS | 12 MAY 2023View entire presentation