G-SIB Framework: Denominators

The denominators for the G-SIB exercises are set out in the table below.

Denominators*

Category Individual indicator End-2012 exercise End-2013 exercise End-2014 exercise End-2015 exercise End-2016 exercise
Size Total exposures as defined for use in the Basel III leverage ratio 69,158,725,307,224 66,313,252,232,943 73,847,049,356,142 72,857,573,242,973 75,900,827,858,685
Cross-jurisdictional activity Cross-jurisdictional claims 16,498,115,035,100 15,800,934,260,979 17,234,718,196,198 17,758,682,250,997 18,677,719,105,671
Cross-jurisdictional liabilities 16,093,124,462,531 14,093,660,568,019 15,673,493,553,912 15,884,108,348,862 16,375,313,942,104
Interconnectedness Intra-financial system assets 8,918,054,432,043 7,717,965,931,836 7,868,598,375,284 8,098,567,521,260 7,834,153,363,387
Intra-financial system liabilities 8,162,462,456,211 7,830,851,966,370 8,867,888,915,312 8,898,527,231,465 8,847,383,167,260
Securities outstanding 11,221,392,343,225 10,836,237,185,460 12,214,446,850,060 12,499,382,169,110 13,337,072,702,067
Substitutability/financial institution infrastructure Assets under custody 98,100,909,211,865 100,011,715,645,358 116,180,841,620,072 128,341,774,423,835 139,936,012,350,579
Payments 1,664,159,892,820,090 1,850,754,573,909,200 2,132,306,436,783,080 2,262,439,199,421,380 2,156,973,532,030,800
Values of underwritten transactions in debt and equity markets 4,547,081,105,541 4,487,480,557,423 5,318,690,278,083 5,951,676,110,463 5,999,120,959,954
Complexity Notional amount of over-the-counter (OTC) derivatives 651,933,169,050,368 639,987,527,203,752 637,191,154,285,661 556,826,675,437,137 530,406,136,827,858
Level 3 assets 643,920,283,937 595,404,598,635 658,101,182,592 585,970,930,408 501,410,778,497
Trading and available-for-sale securities 5,603,879,593,861 3,310,507,132,019 3,280,984,139,364 3,254,573,599,159 3,441,947,117,997

* 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).