Almost all large euro zone banks have capital above requirements

September 29, 2015 10:39 AM

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FRANKFURT, Sept 29 Almost all banks under the European Central Bank's direct supervision have capital levels above the ECB's requirements, a senior ECB bank supervisor said on Tuesday.

The ECB took over supervision of the euro zone's 123 largest banks last year and is in the process of setting individual capital requirements for those lenders as part of its Supervisory Review and Evaluation Process (SREP).

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