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Leverage Ratio

The leverage ratio measures a bank’s capital relative to its total exposure without risk weighting.

Meaning in Practice

It is calculated by dividing Tier 1 capital by total assets and off-balance-sheet exposures. Unlike risk-based ratios, it does not adjust for asset risk levels. It serves as a backstop to risk-weighted capital requirements.

Why It Matters

The leverage ratio limits excessive balance sheet expansion and reduces systemic vulnerability. It provides a simple and transparent solvency safeguard.

Market Impact

Higher leverage requirements can constrain asset growth and profitability. However, stronger capital positions typically improve investor confidence.

Example

A bank with €10 billion in Tier 1 capital and €200 billion in total exposure has a leverage ratio of 5%.

Related Terms

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