The Basel Committee on Banking Supervision (the Basel Committee) has issued a report which summarises the aggregate results of its latest Basel III monitoring exercise, using data as of 30 June 2016. Data has been provided for a total of 210 banks, comprising 100 large internationally active banks. “Group 1 banks” are defined as internationally active banks that have Tier 1 capital of more than €3 billion, and include all 30 banks that have been designated as a global systemically important bank (G-SIB). The Basel Committee’s sample also includes 110 “Group 2 banks” (i.e. banks that have Tier 1 capital of less than €3 billion or are not internationally active). On a fully phased-in basis, the data shows that virtually all participating banks meet both the Basel III Common Equity Tier 1 (CET1) capital requirement of 4.5% and the target level CET1 requirement of 7.0% (plus the surcharges on G-SIBs, as applicable).
The European Banking Authority has also published a report on the results of its latest CRD IV / CRR monitoring exercise. This exercise is run in parallel to the one run by the Basel Committee. Overall the EBA found a further improvement of European banks’ capital positions, with a total average CET1 ratio of 12.8% at end June 2016 assuming full implementation of the CRD IV – CRR.
View BCBS report on Basel III monitoring exercise as of 30 June 2016, 28 February 2017
View EBA reports on eleventh Basel III monitoring exercise, 28 February 2017