In 2016, it was 76%. European supervision has therefore resulted in a substantial strengthening of shock-absorbing capacity within the sector. The total capital ratio of banks supervised by the ECB has increased by more than 170 basis points since early 2015.
Sabine Lautenschläger: The SSM after one year Keynote speech by Ms Sabine Lautenschläger, Member of the Executive Board of the European Central Bank, at the IIF (Institute of International Finance) Colloquium on European Banking Union, Frankfurt am Main, 18 November 2015.