First Quarter 2022 Investor Presentation
Strong capital position vs. requirements
SEB'S CET1 and total capital position vs requirements
%, 31 Mar 2022
MDA
level
●
21.4
18.7
Tier 2
1.7
490bps
AT1
1.0
17.9
1.5
•
13.8
2.5
15
0.1
4.0
2.5
0.1
CET1
18.7
1.8
•
4.0
1.2
8.0
4.5
CET1 capital
CET1 capital
requirement
Minimum requirement
Systemic risk
P2 guidance
Total capital Total capital
P2 requirement
Capital conservation buffer
Countercyclical buffer
requirement
40
The minimum requirement for total capital can be met by max 1.5% AT1 and 2.0% Tier 2 capital. The P2 requirement of 1.8%
consists of 1.2% in CET1, 0.2% in AT1 (~11% of the P2 requirement) and 0.4% in Tier 2 capital (~23% of the P2 requirement)
CET1 capital buffer of 490bps compared to target management
buffer of 100-300bps
Leverage ratio at 4.3% (5.0). The requirement and Pillar 2
guidance is 3.45%
Countercyclical buffer for Sweden to be raised to 1% in
September 2022
SEBView entire presentation