EU Pillar 2 charges vary by country
Nordea leads large EU banks' with Pillar 2 requirement of 3.2% in 2018
Irish, Swedish and UK and banks attracted the harshest capital add-ons of big banks in Europe in 2018, Risk Quantum analysis shows.
Common Equity Tier 1 (CET1) Pillar 2 requirements (P2R) – those loaded onto banks by their competent authorities to cover risks missed by Pillar 1 minimum charges – for Irish, UK and Swedish banks averaged 2.7%, 2.4% and 2.3% of risk-weighted assets respectively in 2018.
Scandinavian bank Nordea, recently re-domiciled to Finland from Sweden, topped a sample of 43
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