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AIB Group PLC on Thursday said it had completed its second significant risk transfer, or SRT, on a portfolio of residential mortgage assets. The Dublin-based lender said the transfer totalling €2 billion forms part of its multi-asset SRT programme. AIB said the completion of the SRT delivers a positive common equity tier 1, CET 1, impact of around 25 basis points. It added that at the end of September its CET1 ratio was 16.6%. AIB said it remains ‘strongly’ capitalised and comfortably ahead of its CET1 minimum regulatory requirement of 11.30%. The CET1 ratio compares a bank’s capital against its risk assets, with a higher ratio being more financially sound. AIB Chief Financial Officer Donal Galvin commented: ‘The reduction of risk weighted assets through the execution of this SRT enhances capital efficiency and generates a CET1 benefit of around 25bps. AIB remains strongly capitalised and comfortably ahead of minimum capital requirements.’ AIB shares were flat at 798.00 pence each on Thursday afternoon in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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