G-SIB Framework: Denominators

The denominators for the end-2012 G-SIB exercise are set out in the table below.

Denominators (end-2012 exercise)

Category Individual indicator Denominators*
Size Total exposures as defined for use in the Basel III leverage ratio 69,158,725,307,224
Cross-jurisdictional activity Cross-jurisdictional claims 16,498,115,035,100
Cross-jurisdictional liabilities 16,093,124,462,531
Interconnectedness Intra-financial system assets 8,918,054,432,043
Intra-financial system liabilities 8,162,462,456,211
Total marketable securities 11,221,392,343,225
Substitutability/financial institution infrastructure Assets under custody 98,100,909,211,865
Payments 1,664,159,892,820,090
Values of underwritten transactions in debt and equity markets 4,547,081,105,541
Complexity OTC derivatives notional value 651,933,169,050,368
Level 3 assets 643,920,283,937
Held for trading and available for sale assets minus HQLA 5,603,879,593,861

* Unit is euro for all denominators

For further explanation of the use of these denominators, see Global systemically important banks: updated assessment methodology and the higher loss absorbency requirement (July 2013)