The EBA has published a report on the impact of implementing the final Basel III reforms in the EU. The results do not reflect the economic impact of the Covid-19 pandemic as the reference date for this assessment is December 2019.
Overall, the results show that European banks’ minimum Tier 1 capital requirement would increase by 15.4% when Basel III is implemented in full in 2028. Alongside the report, the EBA has made available an interactive tool showing the main results.
On 15 December 2020, the EBA will publish a more detailed report in response to the Commission’s Call for Advice on Basel III.