Capital and Solvency

Banco Carregosa is proud of being a solid institution, having presented an average of the Common Equity Tier 1* ratio in the last 5 years of 18.5%, above the average for the sector.
As at 31 December 2020, Banco Carregosa's share capital was 20 million euros and consolidated equity amounted to around 38.2 million euros. The solvency ratio stood at 17.48%.  

* The Common Equity Tier 1 (CET1) ratio is calculated using the quotient between the set of own funds known as "core" and the positions weighted according to their risk.

The set of "core" own funds comprises the institution's best quality capital, in terms of permanence and capacity to absorb losses, minus any losses and certain elements without autonomous realization value, in a perspective of continuity of the activity of a risk-weighted positions represent a measure of the risks arising from financial activity, namely credit, market and operational risks.