Tier 1: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update.) |
imported>Doug Williamson (Add second definition.) |
||
| Line 1: | Line 1: | ||
''Banking - capital adequacy'' | 1. ''Banking - capital adequacy'' | ||
(T1). | (T1). | ||
| Line 14: | Line 14: | ||
Tier 1 capital is classified as Common Equity Tier 1 (CET1) or Additional Tier 1 (AT1), CET1 having superior loss-absorbing quality. | Tier 1 capital is classified as Common Equity Tier 1 (CET1) or Additional Tier 1 (AT1), CET1 having superior loss-absorbing quality. | ||
2. | |||
Abbreviation for Tier 1 executive. | |||
| Line 33: | Line 38: | ||
* [[Principal write down]] | * [[Principal write down]] | ||
* [[Subordinated debt]] | * [[Subordinated debt]] | ||
* [[Tier 1 executive]] | |||
* [[Tier 2]] | * [[Tier 2]] | ||
Revision as of 17:06, 15 September 2019
1. Banking - capital adequacy
(T1).
Tier 1 is the highest quality capital.
Contrasted with Tier 2, which is of lower quality.
Tier 1 is sometimes known as 'going concern' loss absorbing capital.
Tier 1 principally comprises equity, subject to regulatory deductions and the inclusion of some preferred shares and some perpetual bonds.
Tier 1 capital is classified as Common Equity Tier 1 (CET1) or Additional Tier 1 (AT1), CET1 having superior loss-absorbing quality.
2.
Abbreviation for Tier 1 executive.
