Page 58 - Annual Report 2019

55 ANNUAL REPORT 2019 SUPERVISION AND AUTHORISATION

C) All Banks (LLCs only)
1. Capital adequacy

Percent

Dec Jun Sep Dec Mar Jun Sep Dec
2017 2018 2019
CET 1 Tier 1 Total 1 CET 1 minimum required Tier 1 minimum required Total 1 minimum required

LLC firms remained well capitalised, with capital predominantly comprised of CET1 capital.
The overall capital adequacy marginally improved for the year-end 2019 in comparison
to the prior year, mainly attributable to a reduction in exposure to riskier assets.