Investor Presentaiton
2022 COST OF RISK BELOW GUIDANCE
_Cost of risk (1) (in bp)
GROUP
FRENCH RETAIL BANKING
2021
Q4 21
Q1 22
Q2 22
Q3 22
Q4 22
2022
NON-PERFORMING LOANS RATIO (2)
39
DEC 18
DEC 19
DEC 20
DEC 21
DEC 22
13
31
28
28
6
15
3.4%
3.3%
3.1%
2.9%
LO
5
32
35
20
-3
8
3
200
2.8%
INTERNATIONAL RETAIL
92
BANKING AND FINANCIAL
38
28
28
47
SERVICES
ā
40
52
40
45
GLOBAL BANKING AND INVESTOR
SOLUTIONS
4
1
16
17
16
23
Gross coverage ratio (3): 48% at end December 22
(Before netting of guarantees and collateral)
2023 Cost of risk expected between 30 and 35 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
4TH QUARTER AND FULL YEAR 2022 RESULTS 18 FEBRUARY 2023View entire presentation