Société Générale: Capital Requirements for 2027

The European Central Bank has defined the capital requirements for Société Générale effective January 1, 2027. The mandatory Pillar 2 requirement is set at 2.37%, with a minimum of 1.39% in CET1. This threshold includes a 0.12% requirement related to non-performing loans granted before April 2019.

The total requirements include various buffers: for the CET1 ratio, a minimum of 10.41% is required, including 0.86% in countercyclical buffers. The Tier 1 ratio is 12.33% and the Total Capital is 14.89%. For the leverage ratio, a requirement of 3.6% is requested, including a Pillar 2 margin of 0.1%.

As of June 30, 2026, Société Générale's CET1 ratio was 13.2%, exceeding the regulatory requirement by 280 basis points. The leverage ratio stood at 4.3%, well above the minimum required.