ECB raises minimum capital requirements for Spanish banks

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MADRID, Dec 1 (Reuters) - The European Central Bank has raised the minimum capital requirements for Spanish lenders BBVA (BBVA.MC),.

Sabadell (SABE.MC) and Bankinter (BKT.MC) as part of a supervisory review and evaluation process (SREP)...

The process provides an overall assessment of the challenges that face significant institutions, together with the corresponding solvency requirements and other supervisory measures that banks are expected to comply with for the year ahead...

On Friday, Caixabank, the country's biggest lender by domestic assets, said the supervisor had set a minimum threshold of 8.58% for its strictest measure of solvency, or Common Equity Tier 1 (CET1), for 2024 compared to 8.44% set a year ago by the ECB...

In the case of Sabadell, the country's fourth-largest bank by market value, the solvency threshold was raised by the ECB to 8.93% from 8.65%, while it rose to 7.802% from 7.726% in the case of Bankinter...

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