26th Jan 2022 12:12
AIB Group PLC - Dublin-based bank - Notes the European Central Bank has set a minimum requirement for AIB's common equity tier 1 ratio at 10.20% in 2022 and 10.40% in 2023, up from 10.19% in 2021. The floor, set by the ECB following its supervisory review & evaluation process, remains well below AIB's fully loaded CET1 ratio of 16.6% as of September last year, the lender says. "The group's reported capital ratios are materially in excess of minimum regulatory requirements and AIB continues to maintain a very significant buffer above maximum distributable amount trigger levels," AIB says, referring to bank regulations restricting dividend payments when a sufficient buffer to capital adequacy isn't maintained.
Current stock price: 195.15 pence, up 2.6% on Wednesday
12-month change: up 46%
By Tom Waite; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
Aib Group