2012 Recapitalisation Exercise

Following the press release dated 11 July 2012, the European Banking Authority (EBA) published its final report regarding the banks’ recapitalisation needs on 3 October 2012.


The Banque et Caisse d’Epargne de l’Etat, Luxembourg (BCEE), the only Luxembourg-based credit institution directly included in the EBA sample composed of 71 European banks, continues to comply with the requirements set by the EBA, namely meeting a “Core Tier 1” capital ratio of at least 9%. Based on the figures of 30 June 2012, the BCEE’s “Core Tier 1” capital ratio has thus been evaluated to stand at 16.2%.


Individual results for the Luxembourg bank participating in the recapitalisation exercise of the EBA:



Banque et Caisse d'Epargne de l'Etat, Luxembourg


EBA’s publication can be accessed under the address:




CSSF press release 12/38 regarding the decision to recapitalise European banks:


CSSF Press release 12/38 regarding the EBA decision to recapitalise European banks