The first stock market session of 2018 is mixed but tends to smile at the banking sector. At least at the opening, in a Piazza Affari tending towards red, the securities of the banks are doing quite well. Among the possible reasons there is certainly the one according to which the main Italian banks have passed the Srep exams of the Supervision of the European Central Bank.
In other words, all medium and large banks in our country have certified that the capital requirement requested by Frankfurt for 2018 is well below the levels of primary capital (Cet1) disclosed by Italian banks at the end of September 2017 with the data at the end of September 2017.
Furthermore, in view of the entry into force of the new European and international regulation starting from 2018, in these days of the beginning of the year there are two elements being evaluated by analysts and investors: the estimated gap between the actual Cet1 and the capital guidance and the capital buffer in excess of the thresholds required by the ECB.
