CET1
Proper noun
Meaning
CET1
(banking) Initialism of Common Equity Tier 1.
Examples
At September and June 2020 there is no charge in CET1 for foreseeable dividends or charges.
A similar profile can be observed when looking at the ratio of Level 2 holdings to total CET1 capital - although, given the larger volumes for holdings of Level 2 assets, the resulting values for the ratios are much higher (see Chart 10).
Given the ample CET1 capital buffer, our dividend capacity remains intact.
The move has boosted RBS's common equity tier one (CET1) ratio, a sign of the bank's strength, by 0.4 percentage points.