CET1 capital ratio of selected banks in Portugal 2023
As of June 2023, Caixa Geral de Depósitos (CGD) was the bank, among those selected, with the greatest financial solvency according to the common equity tier 1 (CET1) transitional capital ratio. All selected banks' transitional CET1 ratio exceeded ten percent, complying with the European Union's requirements which, based on the Basel III accord, set the minimum standard for fully loaded CET1 ratio at 4.5 percent.