H1'22 Financial Results and PagoNxt Highlights
Liquidity and Funding
TLAC/MREL for the Resolution Group headed by Banco Santander, S.A.
%
TLAC Jun-22(e)
24.1%
2.6%
3.5%
MREL Jun-22(e)
% and € bn
Requirement
36.0%
Requirement
CBR
Surplus
3.5%
CBR
136.2
3.5%
Surplus
Senior
19.3
SNP
25.4
Sub debt
2.4
10.9
T2
Req. + CBR
32.5%2
15.4%
8.0
AT1
29.0%
2.2%
Req. + CBR
21.5%
8.5%
18.0%
1.8%
6.8%
Distance
to M-MDA
13.2%
CET1
70.2
% RWAS 1
% LE 1
% RWAS 1
1
% LE
MREL instruments
€8bn
€15bn
256bps
176bps
Santander
Note: Figures applying the IFRS 9 transitional arrangements.
€13bn
€19bn
352bps
217bps
(1) TLAC RWAs are €293bn and leverage exposure is €829bn. MREL RWAs are €379bn and leverage exposure is €886bn.
(2) MREL Requirement based on RWAs from Jan-24: 30.32% + Combined Buffer Requirement (CBR).
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