Common Equity Tier 1 and COFACE: Difference between pages

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imported>Doug Williamson
(Remove surplus link.)
 
(Update for Bpifrance.)
 
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''Banking.''
''France.''  


(CET1).
Compagnie Française pour l'Assurance pour Commerce Extérieur.  


Common Equity Tier 1 capital.
Also written 'Coface'.




The highest quality form of regulatory capital under Basel III and CRD IV.
French based international credit insurer.  


It includes common equity shares (ordinary shares) and share premium, together with most equity reserves, less regulatory deductions.
Following privatisation by the French government it is owned by the Natixis bank group.




This capital has the greatest degree of subordination to all other claims on the bank's assets.
In 2017, its role as the French state export credit agency was transferred to Bpifrance.
 
For this reason, it has the best loss-absorbing capacity and quality from the perspectives of the bank and its supervisors.
 
 
Sometimes known as Core Equity Tier 1.




==See also==
==See also==
* [[Bpifrance]]
* [[Export Credits Guarantee Department]]
* [[Exports]]


* [[Additional Tier 1]]
[[Category:Trade_finance]]
* [[Bank supervision]]
* [[Basel II]]
* [[Basel III]]
* [[Capital adequacy]]
* [[Capital Requirements Directive]]
* [[CET1 ratio]]
* [[Common equity]]
* [[CRD IV]]
* [[Equity]]
* [[Ordinary shares]]
* [[Own funds]]
* [[Subordination]]
* [[T2]]
* [[Tier 1]]
* [[Tier 2]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Latest revision as of 15:12, 27 September 2023

France.

Compagnie Française pour l'Assurance pour Commerce Extérieur.

Also written 'Coface'.


French based international credit insurer.

Following privatisation by the French government it is owned by the Natixis bank group.


In 2017, its role as the French state export credit agency was transferred to Bpifrance.


See also