Cypriot banking system second to last in capital ratio in the EU

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Cypriot banking system second to last in...
 © In-Cyprus 2018
Cyprus is in the penultimate place in the European Union, at the same place with Italy and ahead of Portugal on its banking system’s Common Equity Tier 1 capital (CET1) according to the risk dashboard that the European Banking Authority has published for March 2018.

In particular, the Cypriot banking system’s CET1 dropped at the end of March to 13.2%, down from 13.9% at the end of 2017, 15.1% at the end of 2016 and 14.9% at the end of 2015.

This drop reflects an increase in provisions but also the dampening effect the effort to reduce...


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Cypriot banking system second to last in capital ratio in the EU


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