For the five largest banking groups, which have raised € billion on the equity market since 2011, the average core tier 1 capital ratio has risen from 5.7 to 10.8 per cent; the ratio stands at 8.8 per cent for the other banking groups and at 13.8 per cent for the smaller banks, mostly mutual banks.
The capital of the smaller banks is generally adequate. Some large and medium-sized groups must make further progress in strengthening their own funds. Capital strengthening will permit compliance with the Basel 3 rules and achievement of the objectives that will be set for the assessment of banks’ overall risk profiles.