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Santander, BBVA and CaixaBank escape Basel III blow

La banca española gana posiciones en Europa con la nueva norma. Sabadell es el único afectado, pero en menor proporción que sus rivales europeos. Leer

Translated from Spanish Read in Spanish

Santander, BBVA and CaixaBank escape Basel III blow

Spanish banks, including Santander, BBVA, and CaixaBank, have seen their solvency improve under new European regulations, CRR III, which implements Basel III. Sabadell is the only one slightly impacted, but much less than its European rivals. Deutsche Bank is the most affected, with a significant loss of capital, followed by French and Nordic banks.

The new rules require banks to use standardized models to calculate risk-weighted assets, reducing their ability to use internal models. The changes will be phased in until 2030, allowing banks time to adjust.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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