In 2012, the consolidated Tier 1 capital adequacy ratio decreased to 10.4% and the total capital adequacy ratio decreased to 13.7%.
This decrease is explained mostly by a 39% rise in risk-weighted assets, which was based on natural assets growth supported by acquisitions. The Group’s capital adequacy ratio is well above the Basel committee minimum requirements (8%). The total capital adequacy ratio of OJSC „Sberbank of Russia” on a standalone basis according to RAS (1Н) as of end 2012 was 12.6%.
|Tier 1 capital|
|Total Tier 1 capital||1,474.4||1,181.1|
|Tier 2 capital|
|Revaluation reserve for premises||79.0||81.5|
|Fair value reserve for investment securities available for sale||16.8||(3.4)|
|Foreign currency translation reserve||(4.7)||(5.7)|
|Less investments in associates||(8.6)||(4.7)|
|Total Tier 2 capital||465.2||371.2|
|Total risk-weighted assets||14,145.6||10,216.8|
|Tier 1 capital adequacy ratio||10.4||11.6|
|Total capital adequacy ratio||13.7||15.2|