ECB says it will keep capital requirements steady this year
SourceNewsquawk
SectionECB
- SREP results show banks have solid capital and liquidity positions and increased profitability, with scores broadly unchanged
- CET1: weighted average of Pillar 2 requirements set at 1.1%, unchanged from last year
- CET1: weighted average of overall capital requirements and guidance in CET1 rise to 10.7%, up from 10.4%, reflecting impact of macroprudential policies
- Credit risk and internal governance remain key areas for supervisory action
- Banks need to address persistent weaknesses, particularly in their risk control and governance frameworks, and to assess future developments in a prudent way
Via ECB