Crédit Agricole Group: capital ratios 2019-2023
With the addition of new regulations set out by the Basel Committee on Banking Supervision reforms (Basel III), banks must now have a minimum common equity to 4.5% of risk weighted assets, after deductions. With the introduction of both a capital conservation buffer and countercyclical buffer, the total common equity ratio is now 7 percent as a standard. As of December 2023, Credit Agricole Group's fully loaded Common Equity Tier 1 (CET1) available after meeting the bank’s minimum capital requirements was 11.8 percent.