Lloyds capital ratio falls to 10.1% under EU stress test
Lloyds Bank said its core equity Tier 1 (CET1) capital ratio fell to 10.1% under an EU-wide stress test of 51 banks, compared with a 2015 year-end position of 13%.
Banks
4,619.92
16:38 14/11/24
0.41%
19.01
FTSE 100
8,071.19
16:49 14/11/24
n/a
n/a
FTSE 350
4,459.02
16:38 14/11/24
n/a
n/a
FTSE All-Share
4,417.25
16:54 14/11/24
n/a
n/a
Lloyds Banking Group
55.04p
17:10 14/11/24
0.81%
0.44p
The adverse stress test scenario, which does not have a pass/fail threshold was set by the European Central Bank and European Systemic Risk Board and covers a three‐year time horizon (2016‐2018).
At the same time the group's fully loaded leverage ratio moves from 5.2% to 4.6% Lloyds, which is said.
“These results are significantly above the group's minimum capital requirements. This outcome reflects the de-risking undertaken and re-affirms the strong capital and balance sheet position of the group,” the bank added.