CaixaBank stocked up on high-quality liquid assets in 2018, helping to boost its liquidity coverage ratio by 11 percentage points.

The bank’s LCR – calculated by dividing its stock of HQLA by projected net cash outflows over a 30-day stress period – climbed to 196% from 185% over the 12 months to end-December, and rose three percentage points in the last quarter of 2018 alone.