RAROC profiles and pricing benchmarks for 5 France banks, sourced from Pillar 3 disclosures.
OpenRAROC tracks 5 banks headquartered in France with a combined corporate credit exposure of EUR 1.0tn. The average France bank in our dataset has a cost-to-income ratio of 60.9% and an average corporate probability of default of 2.89%. On a representative BBB+ EUR 25M 5-year term loan, these banks generate an average RAROC of 7.43%.
On the standard sample deal, Credit Agricole is the cheapest lender in France, requiring just 243bp to hit a 12% RAROC hurdle. The most expensive is BNP Paribas at 257bp — a difference of 13bp on the same deal. For a EUR 25M facility, that's EUR 33,605 per year in interest expense.
RAROC computed on a representative BBB+ rated, 5-year, EUR 25M term loan at 150bp spread. Click any bank for its full profile.
| # | Bank | C/I | Avg PD | LGD | EAD | RAROC | Min spread |
|---|---|---|---|---|---|---|---|
| 1 | Credit Agricole | 55.7% | 2.14% | 40.0% | EUR 184bn | 7.67% | 243bp |
| 2 | Credit Mutuel | 55.3% | 3.84% | 38.0% | EUR 112bn | 7.66% | 243bp |
| 3 | Societe Generale | 63.6% | 3.21% | 34.8% | EUR 176bn | 7.31% | 246bp |
| 4 | BPCE (Natixis) | 68.0% | 4.29% | 34.0% | EUR 161bn | 7.31% | 252bp |
| 5 | BNP Paribas | 61.8% | 0.98% | 37.0% | EUR 375bn | 7.19% | 257bp |
Upload your portfolio and OpenRAROC will run the same calculation on your real facilities, showing exactly which France bank should price your next deal best.
Compare your portfolio