Monthly Archives January 2017

Argenta’s 2016 SREP Overall Capital Requirement

Argenta has been notified of the European Central Bank’s decision on the 2016 Supervisory Review and Evaluation Process (SREP), leading to a fully loaded overall capital requirement of 9.75% common equity tier 1 ratio (CET 1) and 13.25% total capital ratio (TCR) for Argenta Spaarbank. This includes a pillar 2 requirement (P2R) of 2.0% CET 1, but excludes the non-mandatory pillar 2 guidance (P2G) which is not disclosed. On 30 June 2016, Argenta Spaarbanks fully loaded CET1 (without taking into account the basel floor) stood at 24.8%, well in excess of the regulatory requirement.
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