Examples of CET1 Capital Ratio in a sentence
If the Firm’s CET1 capital ratio at any year end during the Performance Period is below this predetermined threshold, up to one-third of the Target Award Number of PSUs will be subject to downward adjustment by the CMDC for each such year.
The Group continues to focus on improving the quality and mix of its liabilities.The advances-to-deposits ratio increased slightly to 64 per cent from 63 per cent at 31 December 2018.Capital base and ratiosThe Group remains well capitalised and highly liquid with all metrics above regulatory thresholds.The common equity tier 1 (CET1) capital ratio of 13.5 per cent is in the middle of the Group’s 13-14 per cent range.
These minimums are currently at CET1 capital ratio of 7.0%, Tier 1 capital ratio of 8.5% and a Total capital ratio of 10.5%.
Should the CET1 capital ratio fall within the CCB (currently between 4.5% and 8.0%) restrictions on distributions apply.
Unvested PSUs are subject to reduction if the Firm’s Common Equity Tier 1 (CET1) capital ratio at any year end falls below a predetermined threshold of ______%.
Unvested PSUs are subject to reduction if the Firm’s Common Equity Tier 1 (CET1) capital ratio at any year end falls below a predetermined threshold of _______%.
In the table above:• The CET1 capital ratio requirement includes a minimum of 4.5%, the Tier 1 capital ratio requirement includes a minimum of 6.0% and the Total capital ratio requirement includes a minimum of 8.0%.
Following the annual Supervisory Review and Evaluation Process (SREP) performed by the ECB in 2019 the Group’s minimum phased in CET1 capital ratio and Total Capital Ratio remained unchanged for 2020 compared to 2019, when ignoring the phasing in of the Other Systemically Important Institution (O-SII) buffer.
In the current low-growth environment, the Group considers a CET1 capital ratio of around 14% and a total capital ratio well above 17% as appropriate levels.
The Group has met its CET1 capital ratio target since the end of 2012, while the total capital ratio has been above the current target of 19% since Q3 2015.