Natixis’ prudential capital requirements left unchanged by the ECB
The European Central Bank left Natixis’ prudential capital requirements unchanged following the results of the 2018 Supervisory Review and Evaluation Process (SREP). Including 0.06% of countercylical buffer, Natixis’ CET1 ratio requirement is set at 9.06% as of March 1, 2019 (Pillar 2 requirement unchanged).
With a pro forma(1) fully loaded CET1 ratio of 11.1% as at December 31, 2018, Natixis is well above these regulatory requirements.
- Pro-forma for the disposal of the retail banking activities, the €1.5bn special dividend payment, the acquisitions already announced but not closed yet as at 31/12/2018, as well as the Irrevocable Payment Commitments and IFRS16 impacts