Basel Committee publishes more details on global systemically important banks
- Basel Committee provides additional information regarding the 2023 G-SIB assessment.
- Further details include global denominators and individual bank indicators.
- The release accompanies the Financial Stability Board's updated G-SIB list.
The Basel Committee on Banking Supervision today published further information related to its 2023 assessment of global systemically important banks (G-SIBs), with additional details to help understand the scoring methodology.
The publication accompanies the Financial Stability Board's release of the updated list of G-SIBs and includes:
- The denominators of the high-level indicators used to calculate banks' scores.
- The high-level indicators for each bank in the sample used to calculate these denominators.
- The cut-off score used to identify the G-SIBs in the updated list and the thresholds used to allocate G-SIBs to buckets for the purpose of calculating the higher loss-absorbency requirements.
The Committee's methodology assesses the systemic importance of global banks using indicators calculated from data for the previous fiscal year-end (2022) supplied by banks and validated by national authorities. The final scores are mapped to corresponding buckets that determine the higher loss-absorbency requirement for each G-SIB.
The Basel Committee's G-SIB interactive dashboard has been updated to reflect the latest results.