Press Release
Outside trading hours - Regulated information*
KBC remains strongly capitalised under 2021 EU-wide EBA stress test
KBC notes the announcements made today by the
The impact of the stress test on KBC’s fully loaded Common Equity Tier-1 (CET1) ratio of 17.58% at year-end 2020 caused this ratio to increase by 1.92 percentage points to 19.50% at year-end 2023 under the base scenario. Under the adverse scenario, KBC’s fully loaded CET1 ratio would fall by 3.51 percentage points to 14.07%1. KBC’s leverage ratio, which stood at 6.42% at year-end 2020, would increase to 7.09% under the base scenario and decrease to just 5.53% under the adverse scenario.
Commenting on today’s announcements,
KBC was subject to the 2021 EU-wide stress test conducted by the
KBC notes the announcements made today by the EBA on the EU-wide stress test and fully acknowledges the outcomes of this exercise. The 2021 test does not contain a pass-fail threshold, but is designed instead to be used as an important source of information for the purpose of the supervisory review process (SREP). The results will assist competent authorities in assessing KBC’s ability to meet applicable prudential requirements under stressed scenarios.
The adverse stress test scenario was set by the
An extensive set of Q&As, plus details of the methodology and the baseline and adverse scenarios, are available on the EBA’s website.
This information is provided only for comparison purposes with other banks and should not in any way be directly compared to KBC’s other published information.
For more information, please contact:
Tel. +32 2 429 35 73, E-mail: kurt.debaenst@kbc.be
Tel.: +32 2 429 85 45 - E-mail: pressofficekbc@kbc.be
* This news item contains information that is subject to the transparency regulations for listed companies. | ||
Havenlaan 2 – 1080 Brussels General Manager Corporate Communication /Spokesperson Tel. +32 2 429 85 45 | Press Office Tel. +32 2 429 65 01 Stef Leunens Tel. +32 2 429 29 15 Ilse De Muyer Tel. +32 2 429 32 88 Pieter Kussé Tel. +32 2 429 85 44 Sofie Spiessens E-mail: pressofficekbc@kbc.be | KBC press releases are available at www.kbc.com or can be obtained by sending an e-mail to pressofficekbc@kbc.be Follow us on www.twitter.com/kbc_group Stay up-to-date on all innovative solutions |
1 The CET1 ratio on a transitional basis would shift from 18.11% at year-end 2020 to 19.64% under the base scenario and to 14.29% under the adverse scenario at year-end of 2023.
Attachment
- 20210730-pb-eba-en
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