Investor Presentaiton
IFRS 9 MONITORING
METHODOLOGY APPLIED
As of Q1 23, IFRS 9 parameters were updated in order to take into account the current economic environment:
•
•
3 macroeconomic scenarios were retained to capture the uncertainties around the general economic context and the war in Ukraine: central, favourable and stress.
Additional sector / areas-at-risk adjustments to capture specific risks not reflected by the ECL models, in particular the specific economic context with high inflation
and rising interest rate and the Russian-Ukrainian crisis
MACROECONOMIC SCENARIOS (FRANCE GDP GROWTH)
115
110
105
100
95
95
00
90
2022
2023
*scenario weighting in IFRS 9 expected credit loss calculation
SOCIETE
GENERALE
2024
2025
2026
2027
-
SG FAVOURABLE 10%*
SG CENTRAL 60%*
SG STRESS 30%*
1ST QUARTER 2023 RESULTS | 12 MAY 2023View entire presentation