Euro zone banks beefed up capital in last quarter of 2022 - ECB

Kitco Media
By Reuters
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Reuters
FRANKFURT, March 21 (Reuters) - Euro zone banks on average increased their capital ratio in the last quarter of last year and remain solid, the European Central Bank's top bank supervisor Andrea Enria said on Tuesday. "Banks’ capital and liquidity positions remained solid and well above minimum requirements, with the aggregated Common Equity Tier 1 ratio standing at 15.3% and the liquidity coverage ratio at 161% at the end of the fourth quarter of 2022," he told European lawmakers. The CET1 ratio stood at 14.7% in September 2022, with the liquidity coverage ratio at 162%.
(Reporting By Francesco Canepa)

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