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ECB keeps capital requirements broadly stable for 2026 amid persisting global challenges

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The European Central Bank (ECB) published the results of the  Supervisory Review and Evaluation Process (SREP) for 2025 and its Supervisory Priorities for 2026-28 today.

  • The aggregated results of the 2025 SREP show that banks directly supervised by the ECB exhibit sound capital and liquidity positions and good profitability
  • Total CET1 requirements as well as Pillar 2 Guidance and Pillar 2 Requirements remain largely stable for 2026 at 11.2 % or 1.2 % respectively
  • Non-binding Pillar 2 guidance (P2G) for 2026 decreased from 1.3 % to 1.1 %
  • Qualitative measures primarily target credit risk, governance and capital adequacy, with intensified supervisory follow-up on remediation by banks
  • The priorities for supervision for the period 2026-28 concentrate on banks’ resilience against geopolitical risks and macrofinancial uncertainties as well as their operational resilience and IT capacities.

The press release is available online.