Banco Santander SA, Banco de Sabadell SA and Bankinter SA disclosed their capital requirements for 2018 following an annual supervisory review and evaluation process conducted by the European Central Bank.
Santander said it is required to maintain a phased-in total capital ratio of at least 12.18% on a consolidated basis, and a phased-in common equity Tier 1 ratio of at least 8.66%. On a fully loaded basis, the bank's total capital and CET1 ratios must be no lower than 13.03% and 9.53%, respectively.
Sabadell will need to meet a phased-in total capital ratio of 11.81% and a CET1 ratio of 8.31% on a consolidated basis. Its fully loaded total capital and CET1 ratios will need to be at least 12.50% and 9.00%, respectively, in 2018.
Meanwhile, Bankinter will need to maintain phased-in total capital and CET1 ratios of at least 10.63% and 7.13%, respectively, and fully loaded ratios of 11.25% and 7.75%.
Santander's total capital and CET1 ratios as of Sept. 30 stood at 14.89% and 12.18%, respectively, on a phased-in basis, while its fully loaded ratios were 14.38% and 10.80% as of that date. Sabadell's phased-in total capital and CET1 ratios stood at 15.46% and 13.22%, respectively, as of Sept. 30, while its fully loaded ratios stood at 15.44% and 12.70%. Bankinter's respective total capital and CET1 ratios stood at 14.38% and 11.82% as of the same date on a phased-in basis, while on a fully loaded basis, they were at 14.43% and 11.50%.
Banco Bilbao Vizcaya Argentaria SA, CaixaBank SA, Bankia SA and Unicaja Banco SA also disclosed their 2018 capital requirements.