We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Banco Santander S.a. | LSE:BNC | London | Ordinary Share | ES0113900J37 | ORD EUR0.50 (CDI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-4.50 | -1.16% | 383.50 | 388.00 | 389.00 | 393.00 | 389.00 | 392.50 | 218,403 | 16:35:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Commercial Banks, Nec | 59.64B | 11.08B | 0.6999 | 7.22 | 79.92B |
TIDMBNC
RNS Number : 7047Z
Banco Santander S.A.
18 December 2017
MATERIAL FACT
Banco Santander, S.A. ("Santander") has been informed by the European Central Bank ("ECB") on its decision regarding prudential minimum capital requirements as of 1(st) of January 2018, following the results of the Supervisory Review and Evaluation Process (SREP).
The ECB decision requires that Santander maintains a Common Equity Tier 1 (CET1) phased-in ratio of at least 8.655% on a consolidated basis. This requirement compares to Santander's last reported consolidated CET1 ratio of 12.18% as of 30 September 2017.
This CET1 capital requirement of 8.655% includes: the Pillar 1 requirement (4.5%); the Pillar 2 requirement (1.5%); the capital conservation buffer (1.875%); the requirement deriving from its consideration as a global systemic financial institution (0.75%); and the counter-cyclical buffer (0.03%).
On an individual basis the ECB requires that Santander maintains a CET1 phased-in ratio of at least 7.875%. This requirement compares to Santander's last reported individual CET1 ratio of 18.01% as of 30 September 2017.
Additionally, and once considered the minimum Pillar 1 requirement of Additional Tier 1 (1.5%) and Tier 2 (2%), Santander is required to maintain a total capital phased-in ratio of at least 12.155% on a consolidated basis and 11.375% on an individual level. These requirements compare to Santander's last reported total capital ratios as of 30 September 2017 of 14.89% and 21.75%, respectively.
On a fully loaded basis, the consolidated requirements amount to 9.53% CET1, and 13.03% Total Capital. Santander's capital ratios as of 30 September 2017 were 10.80% and 14.38%, respectively.
Taking into account Santander's consolidated and individual current capital levels, these capital requirements do not imply any limitations on distributions in the form of dividends, variable remuneration and coupon payments to holders of Additional Tier 1 instruments.
Boadilla del Monte (Madrid), 18 December 2017
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCLLFIDFILTLID
(END) Dow Jones Newswires
December 18, 2017 12:03 ET (17:03 GMT)
1 Year Banco Santander Chart |
1 Month Banco Santander Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions