Basel III monitoring report—November 2025
The BCBS November 2025 monitoring report (data as of 31 December 2024) on 176 banks shows Group 1 banks’ CET1 ratios rose to 14.0%, with no capital shortfalls under fully phased-in Basel III rules. Full implementation is projected to raise Tier 1 minimum required capital by 1.4% for Group 1 banks, driven mainly by the output floor and market risk revisions. A €5.7 billion TLAC shortfall persists among some G-SIBs. Operational risk’s share of MRC fell to 16.0% as 2008-crisis losses fade, but the report notes Covid-19-related losses may soon increase operational risk capital. Leverage and liquidity ratios remained stable and well above minima.