ECB Banking Supervision publishes outcome of SREP 2016 and recommendations on dividends and variable remuneration for 2017
DECEMBER 15, 2017
The European Central Bank (ECB) today published the outcome of its second Supervisory Review and Evaluation Process (SREP) in 2016. The aggregate capital demand for 2017 for the directly supervised banks remains comparable to 2016 – at an average and median of around 10% Common Equity Tier 1 (CET1). CET1 is a bank’s highest quality capital, mostly consisting of common stock, and measures a bank’s capital strength.
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