Banco Santander S.A. 2019 prudential minimum capital requirements (0816Q)
15 Febrero 2019 - 1:00AM
UK Regulatory
TIDMBNC
RNS Number : 0816Q
Banco Santander S.A.
14 February 2019
Banco Santander, S.A., in compliance with the Securities Market
legislation, hereby communicates the following:
RELEVANT INFORMATION
Banco Santander, S.A. ("Santander") has been informed by the
European Central Bank ("ECB") about its decision regarding the
prudential minimum capital requirements as of 1 March 2019,
following the results of the Supervisory Review and Evaluation
Process (SREP).
The ECB decision requires Santander to maintain a Common Equity
Tier 1 ("CET1") ratio of at least 9.7%(1) on a consolidated basis.
Santander's last reported consolidated fully loaded CET1 ratio, as
of 31 December 2018, was 11.3%(2) .
This CET1 capital requirement of 9.7% includes: the Pillar 1
requirement (4.5%); the Pillar 2 requirement (1.5%); the capital
conservation buffer (2.5%); the requirement deriving from its
consideration as a global systemic financial institution (1%); and
the counter-cyclical buffer (0.2%(3) ).
On an individual basis the ECB requires Santander to maintain a
CET1 ratio of at least 8.6%(1) . Santander's individual fully
loaded CET1 ratio as of 31 December 2018 was 18.2%(2) .
Including the minimum Pillar 1 requirement of Additional Tier 1
(1.5%) and Tier 2 (2%), Santander is required to maintain a total
capital ratio of at least 13.2%(1) on a consolidated basis and
12.1%(1) on an individual level. Santander's last reported total
fully loaded capital ratios, as of 31 December 2018, were 14.8%(2)
and 22.7%(2) on a consolidated and individual basis,
respectively.
Taking into account Santander's consolidated and individual
current capital levels, these capital requirements do not imply any
limitations on distributions in the form of dividends, variable
remuneration or payments to holders of Additional Tier 1
instruments issued by Santander.
Boadilla del Monte (Madrid), February 14, 2019
(1) Note that the applicable transitional periods under
Regulation (EU) 575/2013 have expired and as a consequence that
from the 1 January 2019, the capital requirements criteria commonly
known as fully-loaded and phased-in requirements are the same.
(2) Data calculated applying the IFRS 9 transitional
arrangements.
(3) This requirement comes from the business performed by the
Group in the United Kingdom and the Nordics.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCVZLFFKLFXBBF
(END) Dow Jones Newswires
February 15, 2019 02:00 ET (07:00 GMT)
Banco Santander (LSE:BNC)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Banco Santander (LSE:BNC)
Gráfica de Acción Histórica
De May 2023 a May 2024