12.07.2015 Views

ourexpertise - Crédit Agricole CIB

ourexpertise - Crédit Agricole CIB

ourexpertise - Crédit Agricole CIB

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

CONSOLIDATED FINANCIAL STATEMENTS 4• NOTE 8: FINANCING AND GUARANTEECOMMITMENTSCommitments given and received€ million 31.12.2010 31.12.2009COMMITMENTS GIVEN 159,636 159,102Financing Commitments 115,736 111,157• Banks 13,932 13,670• Customers 101,804 97,487Confi rmed credit lines 101,268 95,628- Confi rmed documentary credits 11,824 9,020- Other confi rmed credit lines 89,444 86,608Other 536 1,859Guarantee commitments 43,900 (1) 47,945• Banks 6,136 13,409Confi rmed credit lines 2,598 2,609Other 3,538 10,800• Customers 37,764 34,536Property guarantees 2,336 2,030Loan repayment guarantees 6,923 6,207Other guarantees 28,505 26,299COMMITMENTS RECEIVED 147,906 130,721Financing commitments 27,214 24,697• Banks 20,491 24,173• Customers 6,723 524Guarantee commitments 120,692 106,024• Banks 10,580 11,093• Customers 110,112 94,931Guarantees received from government bodies or similar 22,648 17,135Other 87,464 77,796(1)Including €1,264 million of fi nancial guarantees given on off balance sheet exposures for which counterparties are doubtful or on watch list and for which thecapital call is estimated to €49 million (see note 3.3 « Financial guarantees at risk by maturity »).Assets given as guarantees€ million 31.12.2010 31.12.2009Loaned securities 3,243 2,511Collateral for market transactions 18,202 19,865Securities sold under repo agreements 115,805 111,786Total 137,250 134,162Amounts relate to loaned securities, securities and shares sold under repurchase agreements and guarantee deposits on market transactions.Assets acceptedThe majority of guarantees and enhancements held correspondto mortgages, collateral and guarantee deposits received, regardlessof the quality of the assets guaranteed.Assets accepted as collateral by the <strong>Crédit</strong> <strong>Agricole</strong> <strong>CIB</strong> Groupthat it is authorized to sell or repledge amounted to €134 billionat 31 December 2010 versus €113 billion at 31 December 2009.They relate mainly to repos and securities providing collateral forbrokerage transactions.<strong>Crédit</strong> <strong>Agricole</strong> <strong>CIB</strong>’s policy is to sell seized collateral as soon aspossible. <strong>Crédit</strong> <strong>Agricole</strong> <strong>CIB</strong> did not hold any seized collateraleither at 31 December 2010 or 31 December 2009.SHELF-REGISTRATION DOCUMENT CRÉDIT AGRICOLE <strong>CIB</strong> 2010 201

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!