Groupe BPCE is positioned well above the prudential capital requirements applicable in 2025 as laid down by the European Central Bank
Groupe BPCE has received notification from the European Central Bank concerning the results of the Supervisory Review and Evaluation Process (SREP) conducted in 2024, stating the level of prudential capital requirements for 2025.
The Common Equity Tier 1 (CET1) requirement applicable to Groupe BPCE on a consolidated basis has been set at 10.59% as of January 1st, 2025, including:
• 1.69% with respect to the Pillar 2 requirement or P2R,
• 2.5% with respect to the capital conservation buffer,
• 1.0% with respect to the capital buffer for global systemically important banks (G-SIBs),
• 0.90% with respect to the countercyclical buffers.
The Total Capital requirement has been set at 14.65% including 2.25% of P2R.
With ratios as of September 30th, 2024 of 16.2% for its CET1 ratio and 19% for its Total Capital ratio, Groupe BPCE is positioned well above the prudential capital requirements due to be applied as of January 1st, 2025.
The ECB also set Natixis' prudential capital requirements. Including 0.65% of countercyclical buffers on 1st January 2025, Natixis’ CET1 ratio requirement is set at 8.91% on the same date including Pillar 2 requirement of 2.25%. With a fully loaded CET1 ratio of 10.9% as of June 30th, 2024, Natixis is also well above these regulatory requirements.
