ABN AMRO confirms capital requirements for 2026
- Investor Relations
Jarco de Swart
Sr Press Officer Corporate Affairs, Finance, Legal and Sustainability
As part of the 2025 exercise of the Supervisory Review and Evaluation Process ("SREP"), the European Central Bank has notified ABN AMRO Bank of its final decision regarding the capital requirements for 2026. There are no changes compared to the preliminary outcome that was disclosed at the Q2 2025 results.
The Pillar 2 requirement will increase by 0.35% to 2.60% (from 2.25%), of which 0.20% should be filled by CET1 capital. The increase of the Pillar 2 requirement mainly covers ABN AMRO’s exposure to interest-only mortgages. This results in an increase of the CET1 requirement to 11.5%, consisting of a Pillar 1 minimum requirement of 4.5%, a Pillar 2 requirement of 2.60 (1.46% based on CRD art.104a), a capital conservation buffer of 2.5% and a 1.25% O-SII buffer. The counter cyclical buffer is currently 1.74%. The impact on our capital framework will be evaluated and communicated at our Capital Markets Day.
ABN AMRO’s proforma CET1 position of 14.8% at the end of the second quarter of 2025 is well above the required minimum of 11.5%.
The Maximum Distributable Amount (MDA) trigger level under Basel III for 2026 is 11.5%.