In 2016, ABN AMRO is required to hold on a consolidated basis a minimum Common Equity Tier 1 capital level of 10.25%, which is composed of a 9.5% CET1 requirement and a 0.75% phase-in of the systemic risk buffer (SRB). The SRB is expected to grow by 0.75 percentage point per annum up to 3.0% in 2019. The 9.5% CET1 requirement includes the capital conservation buffer.
This capital requirement is the result of the Supervisory Review and Evaluation Process (SREP) performed by the European Central Bank in 2015.
At the end of Q3 2015 ABN AMRO had a phase-in CET1 capital ratio of 14.9% (fully loaded 14.8%), which is well above the 2016 SREP requirement.
