Key points
- The Common Equity Tier 1 (CET1) capital ratio for the UK banking sector increased by 0.4 percentage points on the quarter to 16.1%.
- The level of CET1 capital decreased by 3.7% on the quarter, from £490bn to £472bn.
- There was a 6.1% decrease in total risk-weighted assets on the quarter, from £3,132bn to £2,940bn.
Table A: Capital ratios and levels of capital and risk-weighted assets in the UK banking sector (a)
2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 |
| One quarter | Four quarters | |
|---|---|---|---|---|---|---|---|---|
| Ratios (per cent) | Change (percentage points) | ||||||
Total capital | 22.1 | 20.1 | 20.5 | 20.6 | 21.4 | 0.8 | -0.7 | |
Tier1 | 19.1 | 17.3 | 17.6 | 17.8 | 18.4 | 0.7 | -0.7 | |
CET1 | 16.8 | 15.3 | 15.5 | 15.7 | 16.1 | 0.4 | -0.7 | |
| Values (£ billions) | Change (per cent) | ||||||
Total capital | 605 | 587 | 616 | 644 | 628 | -2.5 | 3.8 | |
of which: Tier1 | 524 | 506 | 531 | 557 | 542 | -2.7 | 3.4 | |
of which: CET1 | 460 | 447 | 468 | 490 | 472 | -3.7 | 2.6 | |
of which: Tier2 | 81 | 81 | 85 | 86 | 87 | 1.2 | 7.4 | |
Risk-weighted assets | 2,744 | 2,919 | 3,010 | 3,132 | 2,940 | -6.1 | 7.1 | |
Chart 1: Capital ratios for the UK banking sector
Chart 2: Contributions to quarterly change in total capital ratio (a) (b)
Footnotes
- (a) See Further details about these data for information on the calculation of these contributions.
- (b) Data for all charts has been sourced from the banking sector regulatory capital data tables.
Table B: Risk-weighted assets by risk type (£ billions) (a)
2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 |
| One quarter | Four quarters | |
|---|---|---|---|---|---|---|---|---|
Values (£ billions) | Change (per cent) | |||||||
Total risk-weighted assets | 2,744 | 2,919 | 3,010 | 3,132 | 2,940 | -6.1 | 7.1 | |
Credit and counterparty risk | 1,973 | 2,117 | 2,182 | 2,273 | 2,138 | -5.9 | 8.4 | |
Market risk | 393 | 404 | 418 | 430 | 384 | -10.7 | -2.3 | |
Operational risk | 286 | 290 | 304 | 316 | 312 | -1.3 | 9.1 | |
Credit Valuation Adjustment | 67 | 73 | 79 | 87 | 81 | -6.9 | 20.9 | |
Other | 24 | 36 | 27 | 26 | 25 | -3.8 | 4.2 | |
Footnotes
- (a) The categories of risk-weighted assets used are as defined in the reporting templates in the annexes to the Implementing Technical Standards (ITS) on Supervisory Reporting (Regulation (EU) No 573/2013).