Defying headwinds, Santander posts record capital gains
CET1 ratio hits 11.65% at end-2019
Despite absorbing a series of regulatory charges in 2019, Spanish bank Santander ended the year with its core capital ratio at record heights.
Common Equity Tier 1 (CET1) capital as a percentage of risk-weighted assets (RWAs) stood at 11.65% at end-December, up 35 basis points on Q3 and the year-ago quarter.
CET1 capital amounted to €70.5 billion ($77.7 billion) at end-2019, up from €67 billion
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