Kbc: Well capitalized according to EU stress tests


(CercleFinance.com) – KBC announced on Monday that it posted solid performance in the stress tests conducted by the European Banking Authority (EBA).

The results of this theoretical exercise showed that the Belgian bank would remain ‘well capitalized’ if an adverse scenario were to occur in a difficult context.

In the worst-case scenario, the group’s fully-loaded ‘CET1’ capital ratio would decrease by 3.86 percentage points between the end of 2022 and the end of 2025, to 11.44%.

According to the baseline scenario, KBC’s fully loaded Common Equity Tier-1 (CET1) ratio – which stood at 15.30% at the end of 2022 – would increase by 2.14 percentage points to 17.44% at the end of 2022. end of the year 2025.

“The results also reflect our solid fundamentals: a healthy and customer-oriented bancassurance model, a robust liquidity position supported by a very solid deposit base of loyal customers in our strategic markets and a comfortable level of solvency”, reacted Johan Thijs. , CEO of KBC Group.

Following this announcement, the KBC title fell by 0.4% on Monday on the Brussels Stock Exchange, while the European banking sector advanced by 0.2%.

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