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2018 Pillar 3 Disclosures
Capital
Appropriate levels of capital have therefore been established in accordance with the various
significant risks identified within the context of the Internal Capital and Liquidity Assessment
Process. The internal process of analysing risk levels and capital adequacy takes into
consideration the Pillar 1 risks, for which an adequacy assessment has been carried out, and
other risks such as the aforementioned concentration risk and structural interest rate risk in the
balance sheet.
Following this process of internal analysis, the conclusion reached regarding all the risks is that
the bank maintains low levels of risk, for which it has ample capital coverage. Throughout this
document and in Annex I there is information about the aforementioned risk profile and control
and management framework.
The outcome of the capital needs and the stress exercises incorporated into the internal capital
adequacy assessment process, makes it possible to forecast that the previously described
situation, in which the quality and quantity of capital available have appropriate margins in
order to be able to guarantee the current or future capital requirements, will be maintained in
the future.
3 | 3.2