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Presentation (correction slide 18) - Dexia.com

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New liquidity regime: Getting prepared for a tougher<br />

stance from regulators<br />

Reduced liquidity leverage of the Group<br />

Group<br />

achievements to<br />

date<br />

More balanced liquidity profile and diversified funding sources<br />

Improvement of the liquidity profile essentially in line with current<br />

proposals from regulators and aligned with <strong>Dexia</strong> <strong>com</strong>mitments to EC<br />

In line with new<br />

regulatory regime<br />

Phasing planned for introduction of LCR (January 1 st , 2015) and NSFR<br />

(January 1 st , 20<strong>18</strong>) allowing for time to further rebalance liquidity<br />

profile of the Group<br />

Current LCR and NSFR assumptions considering only few public sector<br />

assets as liquid and few of the liabilities as stable: Not in line with trend<br />

observed during the crisis<br />

30<br />

Note: LCR: Liquidity Coverage Ratio<br />

NSFR: Net Stable Funding Ratio

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