Quarterly capital ratios of the banking industry in the UK 2014-2023
Capital ratios of the banking sector in the United Kingdom increased significantly between 2014 and 2023, despite occasional drops. The total capital ratio stood at 21.1 percent, the Tier 1 ratio at 18.2 percent, and the CET1 ratio at 15.9 percent in the third quarter of 2023. The sharpest drop in capital ratios occurred in the first quarter of 2022, but all capital ratios improved in the following quarters.