Common Equity Tier 1 (CET1) ratio of Italian banking group Banco BPM 2017-2020
The CET1 ratio measures a bank’s capital against its risk-weighted assets and it is an instrument used to gauge a bank's capital strength. The higher the CET1 ratio a bank has, the greater the level of unexpected losses it can absorb before becoming insolvent - so the less risky it should be.
Banco BPM S.p.A. is an Italian bank that started to operate on 1 January 2017, by the merger of Banco Popolare and Banca Popolare di Milano.
Banco BPM is the third largest retail and corporate banking conglomerate in Italy, behind Intesa Sanpaolo and UniCredit.