
The Bank of Italy has identified for 2024 the following capital requirements (equal to the sum of the Overall Capital Requirement and the Pillar 2 Guidance) on a consolidated basis:
- Common Equity Tier 1 ratio: 9.00%
- Tier 1 ratio: 10.90%
- Total capital ratio: 13.30%
The above capital requirements include the Target of the Pillar 2 Guidance equal to 1.00%. Banca Ifis Group is well above the capital requirements, having the following capital ratios at 30 September 2023
- Common Equity Tier 1 ratio: 15.53%
- Tier 1 ratio: 15.54%
- Total capital ratio: 18.42%
With respect to the SREP requirements in terms of CET1, Banca Ifis presents one of the widest buffer in the Italian banking system, equal to 653 basis points.
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