Banco Santander S.A. Results of stress test (7565F)
August 01 2016 - 2:00AM
UK Regulatory
TIDMBNC
RNS Number : 7565F
Banco Santander S.A.
29 July 2016
MATERIAL FACT
With respect to the stress test exercise carried out by the
European Banking Authority (EBA) and the European Central Bank
(ECB) which has been applied to all countries where the Group
operates and which covers a three-year period (2016 - 2018) with
two scenarios (baseline and adverse); Santander announces that the
results were as follows:
-- Under the adverse scenario, its fully loaded CET1 ratio as of
December 31(st) 2018 decreases 1.99 percentage points, to 8.2%,
from the starting point of 10.2% as of December 31(st) 2015. In
this adverse scenario, CET1 ratio subject to Basel III transitional
arrangements (phase-in) is 8.7% as of December 31(st) 2018, which
implies a decrease of 4.02 percentage points from the starting
12.7%, due to the progressive coming into force of Basel III
transitional deductions (2.03 percentage points).
-- Under the baseline scenario, Santander's fully loaded CET1
ratio increases 2.99 percentage points, to 13.2%. With phase-in
criteria, CET1 ratio increases 0.53 percentage points.
Boadilla del Monte (Madrid), 29(th) July 2016
This information is provided by RNS
The company news service from the London Stock Exchange
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