CET 1 Capital definition

CET 1 Capital means, at any time, the sum, expressed in Turkish Lira, of all amounts that constitute common equity tier 1 capital of the Bank as at such date, less any deductions from common equity tier 1 capital required to be made as at such date, in each case as calculated by the Bank in accordance with the Applicable Regulatory Capital Requirements, as at such time (which calculation shall be binding on the Trustee, the Delegate and the Certificateholders). For the purposes of this definition "common equity tier 1 capital" means capital of the Bank qualifying as, and approved by the Regulator as, or capital which would, but for any applicable limitation on the amount of such capital, qualify as common equity tier 1 capital in accordance with the Capital Regulations;
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Examples of CET 1 Capital in a sentence

  • However, any indication that the CET 1 Capital Ratio is moving towards the level of a Trigger Event may have an adverse effect on the market price of the Certificates.

  • The calculation of the CET 1 Capital Ratio may also be affected by changes in applicable accounting rules, or by changes to regulatory adjustments which modify the regulatory capital impact of accounting rules.

  • As a result, the CET 1 Capital Ratio is exposed to foreign currency movements.

  • A decline or perceived decline in the CET 1 Capital Ratio may significantly affect the trading price of the Certificates.

  • Accordingly, accounting changes or regulatory changes may have a material adverse impact on the Bank's calculations of regulatory capital, including CET 1 Capital and Risk Weighted Assets, and the CET 1 Capital Ratio.

  • Moreover, even if changes in applicable accounting rules, or changes to regulatory adjustments which modify accounting rules, are not yet in force as of the relevant calculation date, the BRSA could require the Bank to reflect such changes in any particular calculation of the CET 1 Capital Ratio.

  • The Bank only publicly reports the CET 1 Capital Ratio quarterly as of the period end, and therefore during the quarterly period there is no published updating of the CET 1 Capital Ratio and there may be no prior warning of adverse changes in the CET 1 Capital Ratio.

  • The market price of the Certificates is expected to be affected by changes in the CET 1 Capital Ratio.

  • As discussed, the CET 1 Capital Ratio could be affected by a number of factors.

  • Changes in the CET 1 Capital Ratio may be caused by changes in the amount of CET 1 Capital and/or Risk Weighted Assets, as well as changes to their respective definition and interpretation under the Applicable Regulatory Capital Requirements.