ECB sets Société Générale’s Pillar 2 capital requirement at 2.37% from January 2027
The ECB set Société Générale’s Pillar 2 capital requirement at 2.37%, including at least 1.39% in CET1, effective January 1, 2027. Its CET1 ratio was 13.2% on June 30, 2026, about 280 basis points above regulatory requirements on a pro forma basis.
1. Capital requirements
The ECB set Société Générale’s Pillar 2 requirement at 2.37%, including at least 1.39% in CET1, effective January 1, 2027. Minimum consolidated capital ratios will be 10.41% for CET1, 12.33% for Tier 1 and 14.89% for total capital.
2. Leverage and capital
A 0.1% leverage ratio Pillar 2 requirement brings the minimum leverage ratio to 3.6%. On June 30, 2026, Société Générale’s CET1 ratio was 13.2%, providing a pro forma buffer of about 280 basis points above regulatory requirements, and its leverage ratio was 4.3%.
