Gross Exp to S.

ov bonds & public sector lending

Core Tier
1 2010 (%)

Core Capital
2012 adverse
scenario

RWA 2012
adverse
scenario

CT1 2012e
adverse
scenario

Greece

Ireland

Portugal

Santander

7.1%

54,364

650,979

8.4%

3,347

455

CaixaBank

6.8%

10,547

164,622

6.4%

26

1,263

Popular

7.1%

5,084

95,396

5.3%

643

210

Sabadell

6.2%

3,240

56,503

5.7%

38

91

Banca Civica

8.0%

2,632

46,657

5.6%

Bankinter

6.2%

1,704

32,259

5.3%

Pastor

7.6%

606

18,461

3.3%

41

116

103

BCP

5.9%

3,736

68,884

5.4%

714

213

2,933

50

BPI

8.2%

1,788

26,885

6.7%

325

283

3,896

972

BES

7.4%

4,603

74,257

6.2%

309

2,090

BNP

9.2%

56,802

723,305

7.9%

4,783

564

2,054

25,709

Credit Agricole

8.2%

46,950

553,362

8.5%

535

99

942

9,312

Societe Generale

8.1%

29,221

445,529

6.6%

2,588

840

481

7,910

Intesa

7.9%

31,951

359,113

8.9%

417

114

70

44,362

Unicredito

7.8%

35,345

529,847

6.7%

657

58

-59

36,581

HSBC

10.5%

89,443

1,056,965

8.5%

582

169

686

6,850

Barclays

10.0%

48,039

657,378

7.3%

99

361

1,167

7,407

Deutsche Bank

8.8%

32,721

499,897

6.5%

1,522

271

137

6,486

Bankia

6.9%

11,654

216,318

5.4%

55

Santander

177

3,682

716

CaixaBank

26

1,322

Popular

643

210

Sabadell

38

91

Banca Civica

Bankinter

Pastor

41

116

103

BCP

727

213

6,455

50

BPI

325

283

3,896

972

Italy

BES

309

2,684

BNP

5,239

629

2,302

27,988
10,754

Credit Agricole
Societe Generale
Intesa
Unicredito

655

157

1,193

2,837

980

902

8,815

620

114

73

60,152

673

58

94

49,071

1,319

287

1,006

9,927

192

532

1,356

9,379

1,773

530

175

7,686

BBVA

127

661

4,166

Bankia

55

Santander

177

335

261

CaixaBank

59

Popular

Sabadell

Banca Civica

Bankinter

HSBC
Barclays
Deutsche Bank

Pastor

BCP

13

3522

BPI

BES

594

BNP

456

65

248

2279

Credit Agricole

120

58

251

1442

Societe Generale

249

140

421

905

Intesa

203

15790

Unicredito

16

153

12490

HSBC

737

118

320

3077

Barclays

93

171

189

1972

Deutsche Bank

251

259

38

1200

BBVA

17

144

Bankia

Minimum core capital

Exp to S.ov bonds & public sector lending

Spain

Impairments (net of taxes)

Total

Greece

Ireland

Portugal

Italy

Spain

TOTAL

Impact on
CT1 2012

Stress CT1

60%

60%

60%

15%

15%

41,897

45,699

1,406

48

4,399

5,853

1.0%

7.4%

35,275

36,564

11

133

3,704

3,847

2.4%

4.0%

8,860

9,713

270

22

930

1,222

1.3%

4.0%

7,296

7,425

16

38

766

820

1.5%

4.3%

4,747

4,752

498

501

1.1%

4.6%

2,992

2,992

314

314

1.0%

4.3%

2,184

2,444

17

49

11

229

306

1.7%

1.6%

3,910

300

89

1,232

1,626

2.7%

2.7%

5,476

137

119

1,636

102

1,994

7.7%

-1.0%

53

2,452

130

878

1,013

1.5%

4.7%

4,236

37,346

2,009

237

863

2,699

445

6,253

1.0%

6.8%

3,014

13,902

225

42

396

978

316

1,956

0.3%

8.1%

3,797

15,616

1,087

353

202

831

399

2,871

0.8%

5.7%

810

45,773

175

48

29

4,658

85

4,995

1.5%

7.4%

1,919

39,156

276

24

-25

3,841

201

4,318

0.9%

5.7%

1,396

9,683

244

71

288

719

147

1,469

0.2%

8.3%

8,089

17,123

42

152

490

778

849

2,310

0.5%

6.8%

2,338

10,754

639

114

58

681

245

1,737

0.5%

6.0%

24,832

24,887

23

2,607

2,630

1.3%

4.1%
Total European banks

46,019

Total Spanish banks

35,463

Total Portuguese banks

8,874
7,296
4,747
3,594
2,294
0
0
55
4,980
3,892
4,755
810
1,940
2,032
8,800
2,647
55,726
25,402
4122
188
14
0
0
602

4,603

110
0
0
2
744
878
958
0
21
636
711
309
5721
570

9%
*Takes into
consideration
mitigation factors

Capital need @
9% CT1

Capital need @
Market Cap
9% CT1 inc.
(EURmn) as of
mitigation
06/10/11
factors

Capital increase
as % of market
cap (9% CT1)

Capital increase
as % of market
cap (9% CT1)

-9,709

-6,738

54,152

-18%

-12%

-8,067

-7,253

13,445

-60%

-54%

-4,692

-4,219

4,999

-94%

-84%

-2,665

-2,383

3,788

-70%

-63%

-2,049

-1,818

1,210

-169%

-150%

-1,465

-1,310

2,207

-66%

-59%

-1,355

-1,263

970

-140%

-130%

-3,757

-3,459

1,240

-303%

-279%

-2,605

-2,475

676

-385%

-366%

-2,940

-2,596

2,266

-130%

-115%

-13,149

-10,142

42,694

-31%

-24%

-4,851

-2,043

13,989

-35%

-15%

-11,266

-9,546

17,970

-63%

-53%

-5,337

-3,676

22,723

-23%

-16%

-14,912

-12,638

20,351

-73%

-62%

-5,909

-1,781

107,848

-5%

-2%

-10,114

-7,808

26,012

-39%

-30%

-10,244

-8,511

27,220

-38%

-31%

-9,849

-8,846

6,272

-157%

-141%

-75,782

370,031

-39,850

87,042

-9,303

4,181