NATIXIS :Confirmation by the ECB of the prudential
Post# of 301275
Paris, December 9, 2016
Confirmation by the ECB of the prudential capital requirements
The European Central Bank confirmed the prudential capital requirements for Natixis following the 2016 results of the Supervisory Review and Evaluation Process (SREP).
The phase-in CET1 capital requirement triggering the Maximum Distributable Amount mechanism would be set at 7.75% in 2017, including 1.25% Conservation buffer and 2% Pillar 2 requirement. This capital requirement is down by 100bps compared to 2016. Considering the gradual phasing-in of the Conservation buffer, the anticipated level of CET1 requirement is 9% starting January 1, 2019.
With a phased-in Basel 3 CET1 ratio of 11.3% as at end of September 2016, Natixis is well above these new regulatory requirements.
Contacts :
| Investor Relations | investorelations@natixis.com | PRESS RELATIONS: | relationspresse@natixis.com |
| Pierre-Alexandre Pechmeze | T + 33 1 58 19 57 36 | Elisabeth de Gaulle | T + 33 1 58 19 28 09 |
| Souad Ed Diaz | T + 33 1 58 32 68 11 | Olivier Delahousse | T + 33 1 58 55 04 47 |
| Christophe Panhard Brigitte Poussard | T + 33 1 58 55 43 98 T + 33 1 58 55 59 21 | Sonia Dilouya | T + 33 1 58 32 01 03 |
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