Competing as a Strong and Independent Portuguese Bank
Capital increasing by 1.0pp in the 3Q22, driven by
capital-accretive business model...
Theme 2: Capital Evolution
Total Capital: Ratio Evolution
(phased-in¹; Preliminary; bps)
Excludes +25bps
Restructuring funds sale already
signed
+0.36%
+0.19%
14.9%
>15.0%
+0.42%
+0.42%
13.9%
1.5%
+0.28%
13.1%
+0.23%
12.9%
+0.30%
-0.09%
-0.34%
Total
Capital
Dec-21
Including lower RWA
driven by improving
PDs following exit of
loans from
moratoriums in 2021
13.5%
IFRS 9
1Q
Results²
Other
effects
Total
Capital
2Q
Results²
Sale of
logistics
REO3
Other
effects
Mar-22
Total
Capital
Jun-22
3Q
Results²
Sale
of HQ
Other
effects³
Total
Capital
Target4
Post Dec-22
building &
REO
Sep-22
...and execution of measures to continue to comply with capital requirements going forward.
Execution of the de-risking strategy delivering Total Capital already above 13.5% OCR requirement and building P2G buffer.
novobanco
(1) Estimated; Phased-in ratios; The inclusion of positive results depends on an authorization from the ECB; (2) Excludes Markets Results, which is classified as Treasury results; (3) Closed in Jul-
22; -82% of assets transferred to the buyer; remaining to be transferred once necessary approvals obtained;
14View entire presentation